大摩：升渣打集团目标价至176.7港元 重申“增持”评级

Core Viewpoint - Morgan Stanley has raised its earnings forecasts for Standard Chartered Group for the years 2025 to 2027 by 11%, 3.5%, and 2% respectively, following the release of the bank's third-quarter results [1] Group 1: Earnings Forecast Adjustments - The target price for Standard Chartered has been increased from HKD 173 to HKD 176.7, maintaining an "Overweight" rating [1] - The adjustments reflect a positive outlook on the bank's performance in the coming years [1] Group 2: Credit Expenditure and Loss Projections - Morgan Stanley has lowered its credit expenditure forecast for Standard Chartered for the current year [1] - The firm has largely maintained its expected credit loss forecasts for 2026 and 2027 [1]