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HSBC upgrades Target to buy, citing further upside after strong year
Analyst Joe Thomas raised his rating on the retailer from hold to buy, according to CNBC.
By EGazette AI · · 1 min read
Analyst Joe Thomas raised his rating on the retailer from hold to buy, according to CNBC.

The bank's more optimistic outlook for U.S. stocks comes as corporate profit growth remains a key driver of market sentiment, according to CNBC.

Global markets have absorbed a series of shocks in recent years, but HSBC analysts caution that this streak of resilience could eventually be broken, according to a CNBC report.