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Ex-Morgan Stanley Banker Michael Grimes Leading New U.S. Investment Accelerator, Sources Say -- WSJ
Grimes Is Expected Help Big U.S. Projects Speed Through Red Tape, Sources Say -- WSJ
U.S. Accelerator Won't Make Investments, Sources Say -- WSJ
Morgan Stanley: Raised CHINA MOBILE's Target Price to 90 Hong Kong dollars, rating "Shareholding".
Morgan Stanley released a research report stating that it has raised the service revenue forecast for CHINA MOBILE (00941) for 2025 to 2026 by 1%, and has slightly adjusted the EBITDA forecast downward after accounting for the first quarter performance. As a result, the basic earnings per share forecasts for 2025 and 2026 have increased by 1.6% and 2.1% respectively, while the earnings per share forecast for 2027 has been adjusted to 7.42 yuan per share. In addition to the profit forecast revisions, the bank has also lowered its capital expenditure forecast following the announcement of CHINA MOBILE's performance. Therefore, the Target Price has increased by 5.9%, from 85 HKD to 90 HKD, with a rating of "Shareholding."
Express News | Shares of Financial Companies Are Trading Higher Amid Overall Market Strength After President Trump Said He Will Not Be Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Lower Than the Current One, Which May Lead to...
Market Chatter: KKR Hires Morgan Stanley to Prepare for Logisteed IPO
Cui Nyonya Kueh : Thank you, see you tomorrow!