0813 GMT [Dow Jones] Barclays Capital lifts its Standard Chartered (STAN.LN) target price to 1610p from 1570p to reflect the sum of parts valuation. However, BarCap says "although we view access to faster growth markets, balance sheet strength and the potential for a rebalancing between the divisions as positives, we believe the current valuation offers little upside." Equalweight rating. Shares +1.1% at 1598p.(
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[email protected] (END) Dow Jones Newswires June 09, 2010 04:13 ET (08:13 GMT)