Citi analyst Andrew Coombs lowered the firm’s price target on HSBC (HSBC) to 970 GBp from 990 GBp and keeps a Buy rating on the shares.
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Read More on HSBC:
- HSBC downgraded to Neutral from Buy at BofA
- HSBC to exit its business banking portfolio in U.S., Reuters reports
- HSBC disbands smaller business banking division, WSJ reports
- NowVertical secures up to $26M financing with HSBC
- HSBC cut over two dozen analysts in investment banking overhaul, Bloomberg says
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