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Citi downgrades HSBC to 'neutral' from 'buy'

By Michele Maatouk

Date: Wednesday 05 Aug 2026

(Sharecast News) - Citi downgraded HSBC on Wednesday to 'neutral' from 'buy' and cut the price target to 1,570p from 1,640p, saying it expects the shares to pause for breath.
Citi noted that HSBC shares are up 40% year to date, making it one of the best performing stocks in the...

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