Morgan Stanley analyst Magdalena Stoklosa lowered the firm’s price target on HSBC to 671 GBp from 683 GBp and keeps an Equal Weight rating on the shares.
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Read More on HSBC:
- HSBC price target lowered to 630 GBp from 650 GBp at JPMorgan
- HSBC downgraded to Neutral on ‘unfavorable backdrop’ at JPMorgan
- HSBC downgraded to Neutral from Overweight at JPMorgan
- Ping An to urge HSBC to raise dividend, make regular structural reviews, FT says
- HSBC says French retail business sale in jeopardy amid capital concerns