Daiwa: Raised Standard Chartered Group (02888.HK) target price to HK$176.7, reiterates "buy" rating.

Wisdom Financial APP learned that Morgan Stanley released a research report stating that after Standard Chartered Group (02888.HK) announced its third-quarter performance, its earnings forecasts for the years 2025 to 2027 were increased by 11%, 3.5%, and 2% respectively. The target price was raised from 173 Hong Kong dollars to 176.7 Hong Kong dollars, with a "hold" rating. Furthermore, Deutsche Bank lowered its credit spending forecast for Standard Chartered this year, while roughly maintaining the expected credit losses forecast for 2026 and 2027.