Business
Megawide Gets a Major Upgrade as Housing Bet Gains Momentum—Here’s What First Metro Sees Coming Next
MANILA, Philippines — Megawide Construction Corp. is gaining renewed attention from investors as its aggressive push into affordable housing begins to reshape the company’s growth outlook amid a challenging Philippine construction and property market. First Metro Securities has upgraded its valuation view on Megawide, raising its price target to ₱7.50 per share from ₱4.50, while maintaining a “Buy” rating. The brokerage said the company’s participation in the government’s Expanded Pambansang Pa
