Shengfeng Development Limited shares fall 2.98% intraday after Phillip Securities starts Lafang China at Neutral.

Friday, Jun 20, 2025 3:15 pm ET1min read
SFWL--
Shengfeng Development Limited dropped 2.98% in intraday trading. Phillip Securities initiated coverage on Lafang China with a Neutral rating and a target price of 24.65. Lafang China, which owns the Shengfeng brand among others, is engaged in the research, development, manufacture, and sales of household and personal care chemical products.

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