HSBC has lowered Tesla’s price target to $138 from $143, explaining that the increased affordability of cars doesn’t always result in higher sales volume. The […]
Tag: HSBC
India’s Services Sector Surges in March: Record Growth, Hiring, and Optimism
India’s services industry experienced accelerated growth in March driven by strong demand, as indicated by the final HSBC India Services Purchasing Managers’ Index. The index […]
HSBC Forecasts Continued Stock Market Rally Through H2 2024 Amid Favorable Factors
HSBC anticipates the stock market rally to remain secure until at least the second half of 2024. Strategists highlight that with positioning still near multi-year […]
HSBC Boosts Nvidia Price Target to $1,050, Cites Potential of B Series GPU and GB200 Innovation
HSBC has increased Nvidia’s price target to $1,050 from $880, emphasizing the company’s ability to capitalize on increased average selling prices (ASPs) with its B […]
India’s Business Activity Soars: Fastest Expansion in 7 Months Driven by Manufacturing and Services Demand
In February, Indian business activity expanded at its fastest pace in seven months, driven by strong demand in both manufacturing and services. The output of […]