Jefferies: Raising the target price of Ruisheng Technology (02018) to HK$43 and reaffirms the “hold” rating

The Zhitong Finance App learned that Jefferies released a research report saying that Ruisheng Technology (02018)'s revenue and gross margin for the first half of the year were in line with expectations. However, the management still needed time to prove its ability to execute. The bank slightly raised the company's net profit forecast for 2026 and 27 by about 2%, and also raised the target price from HK$37 to HK$43, renewing the “hold” rating.