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Altice, T-Mobile, AT&T Would Benefit From Tax Reform, HSBC Says
Thursday, December 14, 2017 - 6:16pm | 442Read More...The tax reform bill passed by the U.S. Senate Dec. 2 proposes a reduction of the corporate tax rate from 35 to 20 percent and bonus depreciation rates for years leading up to 2026. The Analyst HSBC Global Research's Sunil Rajgopal reiterated a Buy on Altice USA Inc (NYSE: ATUS) and T-...
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How Alibaba Shares Make It Over The $200 Level
Tuesday, October 10, 2017 - 9:53am | 391Read More...Alibaba Group Holding Ltd (NYSE: BABA)'s stock now has a clear path to trade north of $200 per share, at least according to analysts at HSBC Global Research. The firm's Chi Tsang maintains a Buy rating on Alibaba's stock with a price target boosted from $184 to $204 based on a new financial...
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One Of China's Biggest Wireless Telecoms Issued A 'Profit Warning'
Tuesday, April 19, 2016 - 1:02pm | 525Read More...Seven years ago, China Unicom (Hong Kong) Limited (ADR) (NYSE: CHU) solidified a deal with Apple Inc. (NASDAQ: AAPL) to bring iPhones to China. Over the past 10 years, China Unicom has risen more than 50 percent. However, shorter-term, the telecom service provider has seen much more volatility...
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Proof The European Union Migrant Crisis Is Just Getting Larger
Saturday, March 26, 2016 - 1:43pm | 281Read More...In a new report, HSBC Global Research analyst Rainer Sartoris takes a close look at the impact that a flood of immigrants are having on European economic leader Germany. According to Sartoris, immigrants could cost Germany €33 billion in 2017. German Prime Minister Angela Merkel opened...
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HSBC Upgrades AB Inbev, Expects SABMiller Deal To Close Mid-2016
Tuesday, December 8, 2015 - 10:42am | 306Read More...Shares of Anheuser Busch Inbev SA (ADR) (NYSE: BUD) have appreciated 21.63 percent over the past three months, trading close to their 52-week high on November 25. Anthony Bucalo of HSBC Global Research has upgraded the company from Reduce to Buy, with a price target of €130. Bucalo...
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HSBC Starts JD.com At Buy, Sees Buying Opportunity For Investors Right Now
Tuesday, November 10, 2015 - 11:11am | 251Read More...The share price of JD.Com Inc (ADR) (NASDAQ: JD) has appreciated 20.57 percent year-to-date, from a low of $23.14 on December 31, 2014. Chi Tsang of HSBC Global Research has initiated coverage of the company with a Buy rating and price target of $37. While mentioning that the current...
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BI Makes Axel Springer A Buy In HSBC's Eyes
Friday, October 2, 2015 - 9:26am | 309Read More...The share price of Axel Springer SE (ETR: SPR) has declined almost 15 percent over the past six months, touching a low of €46.455 on June 19. HSBC’s Christopher Johnen has reiterated a Buy rating on the company while lowering the price target from €60 to €59. Johnen...
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How Wall Street Is Reacting To The FOMC Rate Decision
Friday, September 18, 2015 - 12:00pm | 861Read More...The Federal Open Market committee held its policy steady on Thursday by keeping the fed funds rate target range at 0.0-0.25 percent. Here is how Wall Street's top Fed experts reacted to the announcement. Credit Suisse: Debate Turns To October Meeting Dana Saporta of Credit Suisse...
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HSBC: Oil Field Service Planning For A 'Lower For Longer' Scenario, Upgrades Halliburton To Buy
Thursday, September 3, 2015 - 10:36am | 538Read More...Phillip Lindsay, HSBC Global Research's Oil Field Service analyst, commented in a note on Thursday that the industry outlook has "worsened" since March with additional E&P capital expenditure cutbacks and further oil price "turbulence." Lindsay continued that North...
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UPDATE: HSBC Global Research Downgrades Arcos Dorados On Challenges Ahead
Thursday, May 22, 2014 - 10:02am | 138Read More...In a report published Thursday, HSBC Global Research analyst Francisco Chevez downgraded the rating on Arcos Dorados (NYSE: ARCO) from Overweight to Neutral, and lowered the price target from $14.00 to $9.00. In the report, HSBC Global Research noted, “In our view, the future of Arcos Dorados (...
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UPDATE: HSBC Global Research Downgrades Barrick Gold on Fair Valuation
Thursday, November 7, 2013 - 11:24am | 146Read More...In a report published Thursday, HSBC Global Research analyst Patrick Chidley downgraded the rating on Barrick Gold Corporation (NYSE: ABX) from Overweight to Neutral, and lowered the price target from $21.10 to $19.60. In the report, HSBC Global Research noted, “On October 31, Barrick announced a...
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UPDATE: HSBC Global Research Reiterates on Mosaic on Preference for Phosphates
Monday, November 4, 2013 - 10:13am | 145Read More...In a report published Monday, HSBC Global Research analyst Yonah Weisz reiterated and Underweight rating on Mosaic (NYSE: MOS), and raised the price target from $33.00 to $40.00. In the report, HSBC Global Research noted, “Investors have been battered by storms in all three nutrient sectors as...
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UPDATE: HSBC Global Research Upgrades Potash Corporation of Saskatchewan on Preference for Phosphates
Monday, November 4, 2013 - 10:11am | 154Read More...In a report published Monday, HSBC Global Research analyst Yonah Weisz upgraded the rating on Potash Corporation of Saskatchewan (NYSE: POT) from Underweight to Neutral, and raised the price target from $22.50 to $31.00. In the report, HSBC Global Research noted, “Investors have been battered by...
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UPDATE: HSBC Global Research Upgrades Sociedad Quimica y Minera de Chile to Neutral on Preference for Phosphates
Monday, November 4, 2013 - 10:10am | 158Read More...In a report published Monday, HSBC Global Research analyst Yonah Weisz upgraded the rating on Sociedad Quimica y Minera de Chile (NYSE: SQM) from Underweight to Neutral, and raised the price target from $26.00 to $31.00. In the report, HSBC Global Research noted, “Investors have been battered by...
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UPDATE: HSBC Global Research Upgrades Agrium on Preference for Phosphates
Monday, November 4, 2013 - 10:08am | 148Read More...In a report published Monday, HSBC Global Research analyst Yonah Weisz upgraded the rating on Agrium (NYSE: AGU) from Neutral to Overweight, and raised the price target from $95.00 to $105.00. In the report, HSBC Global Research noted, “Investors have been battered by storms in all three nutrient...
