Glonghui, Feb. 26 | Citibank released a research report stating that after announcing the results for the second half of 2023, Hang Seng Bank raised its net interest income forecast by 3% and 5% for the 2024 and 2025 fiscal years, respectively, to reflect the latest forward interest rate curve. The bank also lowered Hang Seng's service fee revenue forecast for the 2024 and 2025 fiscal year by 6% to reflect the impact of sluggish market activity. Citibank raised Hang Seng Bank's target price from HK$84 to HK$87, maintaining a “neutral” rating.
大行评级｜花旗：上调恒生银行目标价至87港元 维持“中性”评级
Bank Rating | Citibank: Raising Hang Seng Bank's Target Price to HK$87 to Maintain a “Neutral” Rating
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