Keefe Bruyette Turns More Positive on HSBC, Citing Hong Kong Strength
HSBC Holdings plc (NYSE:HSBC) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio. Keefe Bruyette Turns More Positive on HSBC, Citing Hong Kong Strength Northfoto/Shutterstock.com On December 17, Keefe Bruyette upgraded HSBC Holdings plc (NYSE:HSBC) to Outperform from Market Perform and lifted its price target to 1,240 GBp from 990 GBp. The firm points to HSBC’s continued strength in Hong Kong. Its forecasts now sit ahead of broader market expectations. That view lines up with ...