AMJ Financial Wealth Management significantly increased its holdings in HSBC Holdings plc by 91.0% in the third quarter, bringing its total to 118,837 shares valued at $8.435 million. Several analysts have upgraded HSBC to “Buy” or “Strong-Buy,” resulting in a consensus “Moderate Buy” rating and a price target of $63.00. However, news flow remains mixed, with positive developments like new deal mandates offset by reports of job cuts in the U.S. debt capital markets team.
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AMJ Financial Wealth Management Raises Stake in HSBC Holdings plc $HSBC
AMJ Financial Wealth Management significantly increased its holdings in HSBC Holdings plc by 91.0% in the third quarter, bringing its total to 118,837 shares valued at $8.435 million. Several analysts have upgraded HSBC to “Buy” or “Strong-Buy,” resulting in a consensus “Moderate Buy” rating and a price target of $63.00. However, news flow remains mixed, with positive developments like new deal mandates offset by reports of job cuts in the U.S. debt capital markets team.