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OCC Withdraws From Climate Principles for Large Banks
10 Financials Stocks With Whale Alerts In Today's Session
On the eve of performance announcements, US bank stocks are experiencing their worst quarterly performance since the crisis of 2023.
Bank of America stocks have experienced their worst quarter since the crisis crash in 2023.
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HSBC Adjusts Price Target on Morgan Stanley to $128 From $140, Maintains Hold Rating
Morgan Stanley: Reduced YIHAI INTL's Target Price to 15 Hong Kong dollars, rating "In line with the market."
Morgan Stanley released a research report stating a reduction of 5 to 6% in the sales forecast for YIHAI INTL (01579) for 2025 to 2026, mainly due to pricing pressure from third-party sales and related-party sales, which has not yet shown a turning point, as fierce competition still exists; with the company's further penetration, more value-for-money products are needed. The bank adjusted its earnings per share forecast for 2025 to 2026 down by 6 to 7%, decreased the Target Price from HKD 15.9 to HKD 15, and reiterated an "in line with market" rating.
