Morgan Stanley has released a research report following STANCHART's (02888) third-quarter results, raising its earnings forecasts for 2025, 2026, and 2027 by 11%, 3.5%, and 2%, respectively. The target price has been adjusted upward from HK$173 to HK$176.7, with an "Overweight" rating maintained. Additionally, Morgan Stanley has lowered its credit cost forecast for STANCHART this year while largely keeping its expected credit loss projections for 2026 and 2027 unchanged.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.