Jefferies maintains a Buy rating for KINGDEE INT'L due to a positive profit alert indicating expected revenue growth of 13% to 14% year-over-year for the first half of the year, aligning with market expectations. Despite lowering revenue and net profit forecasts for 2026 to 2029, the company's valuation remains attractive, especially given its significant share price decline this year and excessive market concerns regarding AI's impact on SaaS.
