Glonghui, March 16 | Morgan Stanley published a report that lowered Taikoo (0019.HK) earnings forecasts per share for this year and next two years by 1% and 2%, respectively, reflecting the latest forecasts for Taikoo Properties (1972.HK) and Cathay Pacific (0293.HK), plus increased financial costs. The bank also lowered the target price of Taikoo shares from HK$75 to HK$71, maintaining the “increase in holdings” of the rating. The stock is now reported at HK$60.7, an increase of 0.25%, with a total market value of HK$52.56 billion.