[ET Net News Agency, 18 November 2024] Morgan Stanley raised the target price for JD
Logistics (02618) to HKD13.1 from HKD11.6 and maintained the "equal-weight" rating.
The research house said it lifts earnings forecasts for 2024e, 2025e and 2026e by 12%,
10% and 10%, respectively, following JDL's 3Q24 results beat, factoring in cost efficiency
improvement. (rc)