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M Stanley Updates Risk-Reward Assessment for ICBC (01398.HK), Adds TP to $8
2025-12-19 11:52:03
Morgan Stanley issued a research report updating its risk-reward assessment for ICBC (01398.HK), and adjusting its earnings forecast for ICBC following the announcement of its 3Q25 results.

As a result, Morgan Stanley slightly lowered its 2025-2027 net profit after tax forecasts for ICBC by 0.6%/ 1%/ 0.6%, and added its target price for ICBC's H-shares from $7.6 to $8, with rating at Overweight.
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