[ET Net News Agency, 27 December 2023] Citi lowered its target price for Stanchart
(02888) to HKD66.5 from HKD71.1 and maintained its "neutral / high risk" rating.
The research house said it trims 2023-26E EPS by 0-6% mainly driven by updated interest
rate assumptions following the sharp move lower in the US forward curve. This is partly
offset by slightly lower assumed cost inflation. (RC)