Maggi: New World Department Store (01910.HK) target price raised to HK$14, demand remains challenging in the second half of the year.

Zhixin Finance APP learned that Macquarie released a research report stating that Samsonite (01910.HK) had a year-on-year decrease of 4.8% in second quarter revenue, and a decrease of 18.1% in adjusted EBITDA, both in line with the bank's expectations. Although management expects sales to improve in the third quarter, they believe that weak consumer sentiment makes the future still uncertain. The target price has been raised from 13.3 yuan to 14 yuan, maintaining a "neutral" rating, and believing that the company's demand in the second half of the year still faces challenges.