BofA Securities Maintains Buy Rating on Grab Holdings Ltd (GRAB) Amid Fuel Price Challenges
BofA Securities has reaffirmed its Buy rating and $6.20 price target on Grab Holdings Ltd (NASDAQ:GRAB), despite challenges from rising fuel prices. The firm expects Grab's Q1 2026 earnings call to focus on the impact of higher fuel costs and the company's temporary fuel surcharge in Singapore. Grab is also pursuing a $400 million accelerated share repurchase and expanding its operations in Taiwan.
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