Goldman Sachs: raise Standard Chartered Group (02888.HK) target price to HKD 203, upgrade rating to "buy"

According to the Smart Finance APP, Goldman Sachs released a research report stating that it has upgraded Standard Chartered Group (02888.HK) from a "Neutral" rating to a "Buy" rating, while also raising the target price by 21% from HK$168 to HK$203. The bank believes that despite the 83% increase in the company's stock price in Hong Kong this year, there is still room for further revaluation.