Morgan Stanley raised the firm’s price target on HSBC (HSBC) to 1,024 GBp from 846 GBp and keeps an Equal Weight rating on the shares.
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Read More on HSBC:
- HSBC Holdings: Strong Q2 Performance and Shareholder Returns Amidst Market Uncertainties Justify Hold Rating
- HSBC board approves 10c interim dividend, intends to initiate $3B share buyback
- HSBC continues to target mid-teens RoTE 2025-2027
- HSBC reports 1H EPS 65c vs. 88c last year
- Largest borrow rate increases among liquid names
