PHOENIX MILLS : 31.05.2021

PHOENIX MILLS : 31.05.2021

JPMORGAN ON PHOENIX MILLS

* MAINTAIN OVERWEIGHT TARGET: 920
* JPMorgan maintains Overweight stance on Phoenix Mills, expects portfolio to bounce back by festival season assuming vaccination picks up pace
* Retail Bounces Back In Q4
* H122 Likely To See Disruptions, CPPIB JV Expanded
* Earnings Highlight Resilience In Portfolio & Ability To Quickly Bounce Back
* Portfolio Should Bounce Back By Festival Season Assuming Vaccination Pick-up