Broker Recommendations

KBW upgrades HSBC to 'outperform'

By Michele Maatouk

Date: Wednesday 17 Dec 2025

(Sharecast News) - HSBC shares rallied on Wednesday after KBW lifted its rating to 'outperform' from 'market perform', citing the strength of the bank's Hong Kong business.
KBW - which hiked the target price to 1,240p from 990p - said it expects the strong recent performance of HK wealth management and...

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