HSBC Stock Recommendations and Price Targets

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HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals. The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.
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This is a list of recent ratings by HSBC.

DateCompany NameActionCurrent
Price
Price
Target
Rating
10/23/2026
STLA
Stellantis
Reiterated Rating$4.00Reduce ➝ Reduce
10/22/2026
NEE
NextEra Energy
Set Price Target$82.00 $103.00
10/22/2026
AEE
Ameren
Initiated Coverage$108.00 $119.10Hold ➝ Buy
10/22/2026
PCG
Pacific Gas & Electric
Initiated Coverage$13.00 $15.50Buy
10/22/2026
PPL
PPL
Initiated Coverage$35.00 $42.00Buy
10/22/2026
CNP
CenterPoint Energy
Initiated Coverage$41.00 $44.00Buy
10/22/2026
NI
NiSource
Initiated Coverage$43.00 $49.50Buy
10/22/2026
EXC
Exelon
Initiated Coverage$44.00 $44.00Hold
10/22/2026
FE
FirstEnergy
Initiated Coverage$46.00 $50.00Buy
10/22/2026
EIX
Edison International
Initiated Coverage$58.00 $56.50Hold
10/22/2026
ES
Eversource Energy
Initiated Coverage$68.00 $70.00Hold
10/22/2026
CMS
CMS Energy
Initiated Coverage$70.00 $69.00Underperform ➝ Hold
10/22/2026
LNT
Alliant Energy
Initiated Coverage$69.00 $69.50Buy ➝ Hold
10/22/2026
PEG
Public Service Enterprise Group
Initiated Coverage$72.00 $72.50Hold
10/22/2026
XEL
Xcel Energy
Initiated Coverage$78.00 $89.00Buy
10/22/2026
EVRG
Evergy
Initiated Coverage$84.00 $92.00Buy
10/22/2026
SRE
Sempra Energy
Initiated Coverage$84.00 $97.50Buy
10/22/2026
SO
Southern
Initiated Coverage$92.00 $99.50Buy
10/22/2026
NRG
NRG Energy
Initiated Coverage$93.00 $179.00Buy
10/22/2026
PNW
Pinnacle West Capital
Initiated Coverage$105.00 $119.50Buy
10/22/2026
ETR
Entergy
Initiated Coverage$108.00 $123.50Buy
10/22/2026
WEC
WEC Energy Group
Initiated Coverage$111.00 $106.50Hold
10/22/2026
AEE
Ameren
Initiated Coverage$108.00 $119.10Hold ➝ Buy
10/22/2026
ED
Consolidated Edison
Initiated Coverage$115.00 $104.00Hold
10/22/2026
DUK
Duke Energy
Initiated Coverage$124.00 $123.00Hold
10/22/2026
AEP
American Electric Power
Initiated Coverage$129.00 $145.90Buy
10/22/2026
DTE
DTE Energy
Initiated Coverage$132.00 $135.00Hold
10/22/2026
VST
Vistra
Initiated Coverage$143.00 $190.00Buy
10/22/2026
MMM
3M
Upgrade$173.00Strong-Buy
10/22/2026
CEG
Constellation Energy
Initiated Coverage$254.00 $335.00Buy
10/22/2026
TLN
Talen Energy
Initiated Coverage$339.00 $444.30Buy
10/21/2026
SPCX
SpaceX
Reiterated Rating$148.00Hold ➝ Hold
10/20/2026
CRWV
CoreWeave
Reiterated Rating$57.00 $39.00Reduce ➝ Reduce
10/13/2026
ADBE
Adobe
Downgrade$254.00$310.00 ➝ $267.00Buy ➝ Hold
10/13/2026
ADBE
Adobe
Downgrade$254.00$310.00 ➝ $267.00Buy ➝ Hold
10/8/2026
ITUB
Itau Unibanco
Downgrade$8.00 $9.10Buy ➝ Hold
10/8/2026
BBD
Banco Bradesco
Downgrade$3.00 $3.90Buy ➝ Hold
10/7/2026
ATAT
Atour Lifestyle
Initiated Coverage$32.00 $39.70Buy
10/7/2026
PGR
Progressive
Reiterated Rating$229.00$221.00 ➝ $216.00Hold ➝ Hold
10/7/2026
CB
Chubb
Reiterated Rating$358.00 $359.00Hold ➝ Hold
10/7/2026
ALL
Allstate
Upgrade$256.00 $266.00Hold ➝ Buy
10/7/2026
ATAT
Atour Lifestyle
Initiated Coverage$32.00 $39.70Buy
10/6/2026
ZGN
Ermenegildo Zegna
Initiated Coverage$13.00 $16.00Buy
10/5/2026
TSLA
Tesla
Reiterated Rating$395.00 $157.00Reduce ➝ Reduce
10/5/2026
ZGN
Ermenegildo Zegna
Upgrade$13.00Strong-Buy
10/5/2026
PAC
Grupo Aeroportuario Del Pacifico
Upgrade$225.00 $277.00Hold ➝ Buy
10/5/2026
APP
AppLovin
Lower Price Target$258.00$450.00 ➝ $409.00Buy ➝ Buy
10/1/2026
KKR
KKR & Co. Inc.
Lower Price Target$92.00$121.00 ➝ $115.00Buy ➝ Buy
9/28/2026
BAK
Braskem
Downgrade$1.00$6.50 ➝ $1.50Buy ➝ Hold
9/28/2026
NKE
NIKE
Lower Price Target$37.00$48.00 ➝ $40.00Hold ➝ Hold
9/28/2026
TFC
Truist Financial
Initiated Coverage$49.00 $61.00Buy
9/28/2026
BAC
Bank of America
Initiated Coverage$51.00 $65.00Buy
9/28/2026
USB
U.S. Bancorp
Boost Price Target$60.00$74.00 ➝ $76.00Buy ➝ Buy
9/28/2026
WFC
Wells Fargo & Company
Initiated Coverage$83.00 $108.00Buy
9/28/2026
C
Citigroup
Initiated Coverage$122.00$161.00 ➝ $164.00Buy ➝ Buy
9/28/2026
MS
Morgan Stanley
Boost Price Target$185.00$215.00 ➝ $219.00Hold ➝ Hold
9/28/2026
PNC
The PNC Financial Services Group
Boost Price Target$226.00$275.00 ➝ $283.00Buy ➝ Buy
9/28/2026
JPM
JPMorgan Chase & Co.
Boost Price Target$335.00$369.00 ➝ $377.00Hold ➝ Hold
9/28/2026
GS
The Goldman Sachs Group
Boost Price Target$897.00$995.00 ➝ $1,007.00Hold ➝ Hold
9/25/2026
SNPS
Synopsys
Downgrade$455.00Buy ➝ Reduce
9/25/2026
SNPS
Synopsys
Upgrade$455.00$490.00 ➝ $700.00Hold ➝ Buy
9/25/2026
TTE
TotalEnergies
Upgrade$94.00Hold ➝ Buy
9/25/2026
SHEL
Shell
Reiterated Rating$107.00Buy ➝ Buy
9/25/2026
REPYY
Repsol
Reiterated Rating$33.00 $85.00Buy ➝ Buy
9/25/2026
OMVKY
OMV
Reiterated Rating$21.00Reduce ➝ Reduce
9/25/2026
GLPEY
Galp Energia SGPS
Reiterated Rating$11.00Hold ➝ Hold
9/25/2026
XOM
ExxonMobil
Reiterated Rating$184.00 $90.00Hold ➝ Hold
9/25/2026
E
ENI
Reiterated Rating$61.00Hold ➝ Hold
9/25/2026
CVX
Chevron
Set Price Target$232.00 $90.00
9/25/2026
COST
Costco Wholesale
Upgrade$1,001.00Buy
9/25/2026
BP
BP
Upgrade$51.00$46.00 ➝ $51.30Hold ➝ Buy
9/25/2026
RZLT
Rezolute
Upgrade$4.00Buy
9/25/2026
CVX
Chevron
Boost Price Target$232.00$218.00 ➝ $250.00Buy ➝ Buy
9/24/2026
TWLO
Twilio
Downgrade$263.00 $211.00Hold ➝ Reduce
9/24/2026
DG
Dollar General
Upgrade$128.00$125.00 ➝ $160.00Hold ➝ Buy
9/24/2026
OWL
Blue Owl Capital
Set Price Target$9.00 $17.00
9/23/2026
DLR
Digital Realty Trust
Lower Price Target$173.00$240.00 ➝ $235.00Buy ➝ Buy
9/23/2026
EQIX
Equinix
Lower Price Target$966.00$1,400.00 ➝ $1,380.00Buy ➝ Buy
9/22/2026
BCAX
Bicara Therapeutics
Downgrade$17.00Equal Weight
9/22/2026
NFLX
Netflix
Downgrade$63.00$96.00 ➝ $76.00Buy ➝ Hold
9/21/2026
CCU
Compania Cervecerias Unidas
Reiterated Rating$10.00$15.00 ➝ $10.00Buy ➝ Reduce
9/17/2026
GNRC
Generac
Downgrade$191.00 $333.00Hold
9/16/2026
CPRT
Copart
Downgrade$29.00 $36.00Buy ➝ Hold
9/15/2026
BSBR
Banco Santander Brasil
Reiterated Rating$5.00$7.20 ➝ $6.20Buy ➝ Hold
9/10/2026
SNY
Sanofi
Reiterated Rating$42.00Buy ➝ Buy
9/10/2026
RHHBY
Roche
Reiterated Rating$60.00Hold ➝ Hold
9/10/2026
PFE
Pfizer
Boost Price Target$30.00$28.00 ➝ $30.00Hold ➝ Hold
9/10/2026
NVO
Novo Nordisk A/S
Reiterated Rating$39.00Hold ➝ Hold
9/10/2026
JNJ
Johnson & Johnson
Boost Price Target$266.00$290.00 ➝ $320.00Buy ➝ Buy
9/10/2026
GSK
GSK
Reiterated Rating$51.00Hold ➝ Hold
9/10/2026
LLY
Eli Lilly and Company
Boost Price Target$1,281.00$850.00 ➝ $940.00Reduce ➝ Reduce
9/10/2026
BMY
Bristol Myers Squibb
Reiterated Rating$61.00$60.00 ➝ $65.00Hold ➝ Hold
9/10/2026
BIIB
Biogen
Boost Price Target$250.00$165.00 ➝ $175.00Reduce ➝ Reduce
9/10/2026
ABBV
AbbVie
Boost Price Target$286.00$300.00 ➝ $315.00Buy ➝ Buy
9/10/2026
NVS
Novartis
Upgrade$154.00$123.00 ➝ $136.00Reduce ➝ Hold
9/10/2026
NVS
Novartis
Upgrade$154.00$123.00 ➝ $136.00Reduce ➝ Hold
9/10/2026
AMGN
Amgen
Downgrade$441.00$445.00 ➝ $425.00Buy ➝ Hold
9/10/2026
GILD
Gilead Sciences
Boost Price Target$158.00$155.00 ➝ $175.00Buy ➝ Buy
9/10/2026
MRK
Merck & Co., Inc.
Boost Price Target$141.00$150.00 ➝ $172.00Buy ➝ Buy
9/10/2026
REGN
Regeneron Pharmaceuticals
Boost Price Target$803.00$800.00 ➝ $920.00Buy ➝ Buy