Greenridge raised the firm’s price target on China Yuchai (CYD) to $28 from $22 and keeps a Hold rating on the shares after the company showed “a big jump” in unit sales and revenue in the first half. After the “huge first half,” the second half of 2025 looks to be strong with continued demand from data center applications and exports, added the analyst, who raised 2025 estimates following the company’s report.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CYD:
- China Yuchai begins shipment of casting products to Germany
- China Yuchai Reports Strong Growth in 2025 Earnings
- China Yuchai Reports Strong Growth in 1H 2025 Financial Results
- China Yuchai to Release First-Half 2025 Financial Results on August 8
- China Yuchai International Announces AGM Resolutions Passed