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HSBC issues a bullish note in favor of Target stock. Here’s why the investment firm sees further upside in TGT shares.
On September 30, 2026, HSBC officially christened its entry into the stablecoin arena: HSBC RedCoin. The name is punchy, perhaps a bit on the nose for a legacy institution, but the branding signals a clear intent to move beyond the sterile, institutional-only experiments that have defined bank-issued digital assets for the better part of a […]
Target (NYSE:TGT) was upgraded to Buy by HSBC, with analyst Joe Thomas raising his price target to $190 from $125 per share after the retailer’s second-quarter results showed higher comparable sales and customer traffic. Thomas said the latest results supported HSBC’s view that Target’s recovery was being driven by increased customer visits rather than higher average transaction values.
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