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28531 JP-JDL @EC2505A (CALL)
RT Nominal up0.074 +0.005 (+7.246%)

06/01/2025 16:00

{I-bank focus}Morgan lowers JD Logistics (02618) to HKD11.6

[ET Net News Agency, 6 January 2025] Morgan Stanley lowered the target price for JD
Logistics (02618) to HKD11.6 from HKD13.1 and maintained the "equal-weight" rating.
The research house said it cuts net profit estimate by 10% for 2024, reflecting
increased investments to boost sales in 4Q24. (rc)

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