Goldman Sachs downgrades Hang Seng to "lead the market"; 12-mth target price: HK

Goldman Sachs downgraded ratings on Hang Seng Bank (0011) from "recommending list" to "lead the market",12-month target price downgraded from HK$103 to HK$92. Goldman Sachs also downgraded forecast of Hang Seng 2001 and 2002 earnings per share by 5.8% and 9.2% to HK$5.42 and HK$5.72.

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