Hsbc Global Res Stock Recommendations and Price Targets

This is a list of recent ratings by Hsbc Global Res.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
12/5/2024	GRAB Grab	Downgrade	$5.00		Strong-Buy ➝ Hold	N/A
12/4/2024	MRK Merck & Co., Inc.	Upgrade	$103.00		Hold ➝ Strong-Buy	N/A
12/3/2024	BIRK Birkenstock	Upgrade	$54.00		Strong-Buy	N/A
12/3/2024	AVGO Broadcom	Upgrade	$180.00		Hold	N/A
12/2/2024	LVMUY LVMH Moët Hennessy - Louis Vuitton, Société Européenne	Upgrade	$134.00		Hold ➝ Strong-Buy	N/A
11/29/2024	HPQ HP	Downgrade	$36.00		Strong-Buy ➝ Hold	N/A
11/29/2024	ADSK Autodesk	Downgrade	$308.00		Strong-Buy ➝ Hold	N/A
11/27/2024	CRWD CrowdStrike	Downgrade	$366.00		Strong-Buy ➝ Hold	N/A
11/26/2024	ZM Zoom Video Communications	Upgrade	$86.00		Strong-Buy	N/A
11/26/2024	MS Morgan Stanley	Downgrade	$130.00		Strong-Buy ➝ Hold	N/A
11/26/2024	GS The Goldman Sachs Group	Downgrade	$600.00		Strong-Buy ➝ Hold	N/A
11/22/2024	PANW Palo Alto Networks	Downgrade	$406.00		Hold ➝ Moderate Sell	N/A
11/20/2024	BE Bloom Energy	Upgrade	$27.00		Hold	N/A
11/20/2024	TGT Target	Downgrade	$132.00		Strong-Buy ➝ Hold	N/A
11/19/2024	QS QuantumScape	Upgrade	$5.00		Hold	N/A
11/19/2024	TCOM Trip.com Group	Upgrade	$69.00		Hold ➝ Strong-Buy	N/A
11/18/2024	CLPBY Coloplast A/S	Upgrade	$12.00		Moderate Sell ➝ Hold	N/A
11/18/2024	MRNA Moderna	Upgrade	$44.00		Hold ➝ Strong-Buy	N/A
11/15/2024	AVVIY Aviva	Upgrade	$13.00		Hold ➝ Strong-Buy	N/A
11/11/2024	AKAM Akamai Technologies	Upgrade	$98.00		Hold ➝ Strong-Buy	N/A
11/11/2024	FTNT Fortinet	Upgrade	$99.00		Hold ➝ Strong-Buy	N/A
11/11/2024	CRH CRH	Upgrade	$103.00		Strong-Buy	N/A
11/8/2024	TAP Molson Coors Beverage	Downgrade	$61.00		Hold ➝ Moderate Sell	N/A
11/8/2024	ENPH Enphase Energy	Downgrade	$72.00		Strong-Buy ➝ Hold	N/A
11/6/2024	BLDP Ballard Power Systems	Downgrade	$2.00		Strong-Buy ➝ Hold	N/A
11/4/2024	SBSW Sibanye Stillwater	Downgrade	$4.00		Strong-Buy ➝ Hold	N/A
11/1/2024	H Hyatt Hotels	Upgrade	$163.00		Hold	Medium
10/31/2024	TEL TE Connectivity	Downgrade	$152.00		Hold ➝ Moderate Sell	Low
10/31/2024	TT Trane Technologies	Downgrade	$412.00		Strong-Buy ➝ Hold	Medium
10/30/2024	LH Laboratory Co. of America	Upgrade	$233.00		Hold ➝ Strong-Buy	Low
10/29/2024	FTI TechnipFMC	Upgrade	$31.00		Hold ➝ Strong-Buy	Medium
10/28/2024	GLNCY Glencore	Upgrade	$10.00		Hold ➝ Strong-Buy	Low
10/24/2024	META Meta Platforms	Upgrade	$624.00		Hold	N/A
10/22/2024	BHOOY boohoo group	Upgrade	$8.00		Strong-Buy	Low
10/21/2024	PBR Petróleo Brasileiro S.A. - Petrobras	Downgrade	$14.00		Strong-Buy ➝ Hold	Low
10/17/2024	QGEN Qiagen	Upgrade	$43.00		Hold	Low
10/17/2024	ILMN Illumina	Upgrade	$141.00	$180.00	Hold ➝ Strong-Buy	Medium
10/17/2024	UNH UnitedHealth Group	Downgrade	$550.00		Strong-Buy ➝ Hold	Low
10/16/2024	EL Estée Lauder Companies	Downgrade	$79.00		Strong-Buy ➝ Hold	Low
10/15/2024	EBR Centrais Elétricas Brasileiras S.A. - Eletrobrás	Upgrade	$6.00		Strong-Buy	Low
10/11/2024	HUYA HUYA	Downgrade	$3.00		Strong-Buy ➝ Hold	High
10/10/2024	MPGPF PageGroup	Upgrade	$5.00		Strong-Buy	Low
10/10/2024	ALTM Arcadium Lithium	Upgrade	$5.00		Hold	Low
10/10/2024	PEP PepsiCo	Upgrade	$158.00		Hold	Low
10/9/2024	VNET VNET Group	Upgrade	$4.00		Strong-Buy	Low
10/9/2024	FSLR First Solar	Upgrade	$194.00		Strong-Buy	High
10/8/2024	TCOM Trip.com Group	Downgrade	$69.00		Strong-Buy ➝ Hold	Low
10/8/2024	AXP American Express	Downgrade	$304.00		Strong-Buy ➝ Hold	Medium
10/4/2024	MS Morgan Stanley	Upgrade	$130.00		Hold ➝ Strong-Buy	Low
10/4/2024	DLR Digital Realty Trust	Upgrade	$193.00		Moderate Sell ➝ Hold	Low
10/4/2024	PG Procter & Gamble	Upgrade	$174.00		Strong-Buy	Low
10/4/2024	GEV GE Vernova	Downgrade	$347.00		Strong-Buy ➝ Hold	Low
10/4/2024	EQIX Equinix	Upgrade	$985.00		Hold ➝ Strong-Buy	Low
10/3/2024	ATHM Autohome	Upgrade	$28.00		Strong-Buy	High
10/2/2024	BGAOY Proximus	Upgrade	$1.00		Hold	Low
10/2/2024	TEF Telefónica	Upgrade	$5.00		Hold	Low
10/2/2024	DQ Daqo New Energy	Upgrade	$18.00		Hold ➝ Strong-Buy	High
10/1/2024	T AT&T	Upgrade	$24.00		Strong-Buy	Low
9/27/2024	UBSFY Ubisoft Entertainment	Upgrade	$3.00		Hold	Medium
9/27/2024	KO Coca-Cola	Upgrade	$63.00		Strong-Buy	Low
9/24/2024	ASAI Sendas Distribuidora	Upgrade	$5.00		Strong-Buy	Low
9/24/2024	DOYU DouYu International	Downgrade	$12.00		Hold ➝ Moderate Sell	Medium
9/24/2024	BIDU Baidu	Downgrade	$86.00		Strong-Buy ➝ Hold	High
9/23/2024	ADRNY Koninklijke Ahold Delhaize	Upgrade	$34.00		Moderate Sell ➝ Hold	Low
9/20/2024	FDX FedEx	Downgrade	$281.00		Strong-Buy ➝ Hold	Low
9/18/2024	KKR KKR & Co. Inc.	Upgrade	$158.00		Strong-Buy	Low
9/13/2024	WRTBY Wärtsilä Oyj Abp	Upgrade	$4.00		Moderate Sell	High
9/13/2024	DUERF Dürr Aktiengesellschaft	Upgrade	$24.00		Hold	N/A
9/13/2024	WILYY Demant A/S	Upgrade	$19.00		Hold	Low
9/13/2024	GNNDY GN Store Nord A/S	Upgrade	$58.00		Hold	Low
9/5/2024	AZUL Azul	Upgrade	$2.00		Hold	Low
9/5/2024	ONON ON	Upgrade	$58.00		Hold	Low
9/3/2024	CCL Carnival Co. &	Upgrade	$27.00		Moderate Sell	Low
9/3/2024	ADSK Autodesk	Upgrade	$308.00		Strong-Buy	Low
8/30/2024	VLVLY AB Volvo (publ)	Upgrade	$26.00		Strong-Buy	N/A
8/30/2024	CRWD CrowdStrike	Upgrade	$366.00		Hold ➝ Strong-Buy	N/A
8/28/2024	MRNA Moderna	Upgrade	$44.00		Moderate Sell ➝ Hold	Low
8/27/2024	DQ Daqo New Energy	Upgrade	$18.00		Moderate Sell ➝ Hold	Low
8/23/2024	TBBB BBB Foods	Upgrade	$30.00		Strong Sell ➝ Hold	Low
8/23/2024	SNOW Snowflake	Upgrade	$184.00		Moderate Sell ➝ Hold	Low
8/19/2024	DE Deere & Company	Downgrade	$444.00		Strong-Buy ➝ Hold	Low
8/16/2024	CSCO Cisco Systems	Upgrade	$60.00		Strong-Buy	Low
8/14/2024	LAAC Lithium Americas (Argentina)	Upgrade	$3.00		Strong-Buy	Low
8/12/2024	TTWO Take-Two Interactive Software	Upgrade	$190.00		Hold ➝ Strong-Buy	Low
8/12/2024	GEV GE Vernova	Upgrade	$347.00		Strong-Buy	Low
8/12/2024	PGR Progressive	Upgrade	$255.00		Hold ➝ Strong-Buy	Low
8/9/2024	BMBL Bumble	Downgrade	$8.00		Strong-Buy ➝ Hold	Low
8/8/2024	BP BP	Upgrade	$29.00		Hold	Low
8/7/2024	FTNT Fortinet	Upgrade	$99.00		Moderate Sell ➝ Hold	Low
8/5/2024	MTCH Match Group	Upgrade	$33.00		Hold ➝ Strong-Buy	Low
8/2/2024	SNAP Snap	Downgrade	$12.00		Strong-Buy ➝ Hold	Low
8/2/2024	INTC Intel	Downgrade	$21.00		Hold ➝ Moderate Sell	Low
8/2/2024	NTR Nutrien	Downgrade	$48.00		Hold ➝ Moderate Sell	Low
8/2/2024	NTR Nutrien	Upgrade	C$68.00		Moderate Sell	N/A
8/2/2024	BNTX BioNTech	Upgrade	$122.00		Hold ➝ Strong-Buy	Low
7/29/2024	ARM ARM	Upgrade	$141.00		Moderate Sell	Low
7/26/2024	CL Colgate-Palmolive	Downgrade	$94.00		Strong-Buy ➝ Hold	Low
7/26/2024	IBM International Business Machines	Upgrade	$238.00		Moderate Sell	Low
7/24/2024	AKAM Akamai Technologies	Upgrade	$98.00		Moderate Sell ➝ Hold	Low
7/24/2024	TEL TE Connectivity	Upgrade	$152.00		Hold	Low