Research Alert: CFRA Keeps Buy Opinion On Adss Of Hsbc Holdings Plc
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CFRA has maintained a Buy rating on HSBC Holdings Plc, trimming its target price to USD100 from USD108 due to increased near-term risk. Analysts believe the market has overreacted to Q1 results, overlooking the company's strong fundamentals, including an 18.7% adjusted RoTE and significant growth in the Wealth franchise. The 2026 EPS forecast remains at USD1.60, while the 2027 EPS is raised to USD1.80, reflecting confidence in the company's earnings potential.
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