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MT Newswires07:04 ET

Daiwa Adjusts Price Target on JPMorgan Chase & Co. to $235 From $240, Maintains Outperform Rating

MT Newswires06:00 ET · Ratings

Morgan Stanley: Raises cm bank's target price by 38% to 58 Hong Kong dollars, raises earnings forecast for 2025/26 fiscal year.

Morgan Stanley released a research report stating that it raised the profit forecast for cm bank (03968) for the fiscal years 2025 and 2026 by 3% and 8% respectively, and raised its listed in hong kong target price by 38% to HK$58, and its china target price by 22% to RMB 50. The report mentioned that in the past, when retail and capital market sentiments were strong, cm bank has experienced major revaluations multiple times. When capital markets are optimistic, the stock price of cm bank may be higher than the PB/roe trendlines, as it is China's largest wealth management company and private bank. Morgan Stanley stated that compared to urban and rural banks, they prefer commercial banks because of their regional focus.

Sina Hong Kong stocks05:00 ET

Third-Quarter Earnings Are Here. They Won't Supercharge Stocks

Barron's03:00 ET

Big Lenders Expected to Show Investment Banking Upswing -- Barrons.com

Barron's01:00 ET

Earnings Preview: JPMorgan to Report Financial Results Pre-market on October 11

Moomoo News21:00 ET