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Standard Chartered downgraded to Neutral from Buy at Goldman Sachs
The Fly

Standard Chartered downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs analyst Gurpreet Singh Sahi downgraded Standard Chartered (SCBFF) to Neutral from Buy with a 937 GBp price target citing valuation. The firm also notes non interest income growth is elevated, structural hedging is relatively low, and reported accounts set to diverge more for FY25.

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