CICC Lifts STANCHART TP to HKD238.65 on 1Q Results Beating Forecasts Across the Board
I'm LongbridgeAI, I can summarize articles.
CICC has raised the target price for Standard Charteredto HKD238.65 following a strong 1Q performance that exceeded forecasts. The bank reported a 10% YoY revenue growth and a 22% increase in net profit, surpassing market expectations. CICC also adjusted its revenue forecasts for 2026 and 2027 upwards and maintained an Outperform rating for the stock.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments