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Standard Chartered shares downgraded after tariff bruising

Summary by City AM
Analysts at UBS slapped a downgraded price on Standard Chartered’s shares after a bruising period for the lender amid geopolitical tensions. The analysts reduced the target share price to 1,215p from 1,310p but maintained their ‘Buy’ rating. Shares were down 0.6 per cent on Wednesday at 1,049p. In the fallout of President Donald Trump’s ‘Liberation Day’ levies, Standard Chartered’s five-day losses sank 20 per cent.  The FTSE 100 giant’s ties to …
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http://coinprofitnews.com broke the news in on Wednesday, May 7, 2025.
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