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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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