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Jefferies hikes StanChart price target, says pullback 'seems harsh' - Vimarsana News

Jefferies hikes StanChart price target, says pullback 'seems harsh'

Standard Chartered rallied on Friday after Jefferies lifted its price target on the ‘buy’ rated stock to 1,000p from 950p, as it said the share price pullback since March "seems harsh in context of favourable operating trends".