Morgan Stanley lowered the target price for Kingdee Int'l (00268) to HKD10 from HKD14.6 and maintained the "overweight" rating.
The research house said it cuts revenue forecasts 2.0% for 2024, 3.5% for 2025, and 5.0% for 2026, reflecting the weak macro climate in 1H24, with an ARR CAGR assumption of 26%.
【你點睇】工聯會調查指外勞輸入政策影響漸現,多個行業失業比例較高,促暫停輸入外勞,你是否認同?► 立即投票