Morgan Stanley released a report stating that after Standard Chartered's results were announced, the bank lowered its profit forecast for the 2024 fiscal year by 3.5% and slightly lowered the profit forecast for the 2025 fiscal year. The bank lowered Standard Chartered's net interest income forecast for 2024 to 2026, reflecting a lower interest-bearing asset (AIEA) base. It also lowered its non-interest income forecast, mainly due to a decline in transaction revenue. To offset the impact, the bank cut its cost forecast for Standard Chartered to reflect the new cost savings plan, and the bank's expected credit loss forecast for this year was reduced by 8% due to resilient credit quality. Furthermore, the bank raised the target price of Standard Chartered from HK$89.4 to HK$93.3, which “increased” the rating. The bank also predicted that Standard Chartered's stock price would outperform the industry in the next 30 days, with a probability of 70% to 80%. It believes that the company's outlook for 2026 exceeds expectations.