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.
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