HSBC: Raised the target price of Standard Chartered Group (02888.HK) to 295 Hong Kong dollars. If there is a pullback after the announcement, it would be a buying opportunity.

Zhicheng Finance APP has learned that J.P. Morgan issued a research report stating that it has raised its forecast for Standard Chartered Group's (02888.HK) net interest income growth in the 2026 fiscal year to 2%, higher than management guidance and market expectations, and expects total revenue to increase by approximately 6%. The bank has rolled its target price valuation basis to December 2027, raising Standard Chartered's target price from HK$275 to HK$295, and maintaining a "buy" rating.