Analyst firms

HSBC upgrades, downgrades and price targets

HSBC has published 906 rating actions on 420 companies in the Quantisnow ratings feed since June 2021: 317 upgrades, 295 downgrades and 257 initiations. Its most recent action on ALL was on Nov 6, 2026: HSBC downgrades to Hold from Buy, price target $271. Going by its latest rating on each stock, HSBC rates 55% of the companies it covers Buy or an equivalent and 5% Sell or an equivalent. Technology is the sector it rates most often.

Rating actions

906

Stocks rated

420

Upgrades

317

Downgrades

295

Latest HSBC rating actions

• Nov 6, 2026ALL
  DowngradeALLHSBC downgrades to Hold from Buy, price target $271

  HSBC on ALL
• Nov 5, 2026LH
  UpgradeLHHSBC upgrades to Buy from Hold, price target $410

  HSBC on LH
• Nov 3, 2026TWLO
  UpgradeTWLOHSBC upgrades to Hold from Reduce, price target $215

  HSBC on TWLO
• Oct 30, 2026GEV
  UpgradeGEVHSBC upgrades to Buy from Hold, price target $1,100

  HSBC on GEV
• Oct 29, 2026FDX
  UpgradeFDXHSBC upgrades to Buy from Hold, price target $370

  HSBC on FDX
• Oct 22, 2026AEE
  InitiateAEEHSBC starts coverage at Buy, price target $119.10
• Oct 22, 2026XEL
  InitiateXELHSBC starts coverage at Buy, price target $89
• Oct 22, 2026WEC
  InitiateWECHSBC starts coverage at Hold, price target $106.50
• Oct 22, 2026VST
  InitiateVSTHSBC starts coverage at Buy, price target $190
• Oct 22, 2026TLN
  InitiateTLNHSBC starts coverage at Buy, price target $444.30
• Oct 22, 2026SRE
  InitiateSREHSBC starts coverage at Buy, price target $97.50
• Oct 22, 2026SO
  InitiateSOHSBC starts coverage at Buy, price target $99.50
• Oct 22, 2026PEG
  InitiatePEGHSBC starts coverage at Hold, price target $72.50
• Oct 22, 2026PPL
  InitiatePPLHSBC starts coverage at Buy, price target $42
• Oct 22, 2026PNW
  InitiatePNWHSBC starts coverage at Buy, price target $119.50
• Oct 22, 2026PCG
  InitiatePCGHSBC starts coverage at Buy, price target $15.50
• Oct 22, 2026NRG
  InitiateNRGHSBC starts coverage at Buy, price target $179
• Oct 22, 2026NI
  InitiateNIHSBC starts coverage at Buy, price target $49.50
• Oct 22, 2026FE
  InitiateFEHSBC starts coverage at Buy, price target $50
• Oct 22, 2026EXC
  InitiateEXCHSBC starts coverage at Hold, price target $44
• Oct 22, 2026ES
  InitiateESHSBC starts coverage at Hold, price target $70
• Oct 22, 2026EVRG
  InitiateEVRGHSBC starts coverage at Buy, price target $92
• Oct 22, 2026ETR
  InitiateETRHSBC starts coverage at Buy, price target $123.50
• Oct 22, 2026EIX
  InitiateEIXHSBC starts coverage at Hold, price target $56.50
• Oct 22, 2026DUK
  InitiateDUKHSBC starts coverage at Hold, price target $123
• Oct 22, 2026DTE
  InitiateDTEHSBC starts coverage at Hold, price target $135
• Oct 22, 2026CEG
  InitiateCEGHSBC starts coverage at Buy, price target $335
• Oct 22, 2026ED
  InitiateEDHSBC starts coverage at Hold, price target $104
• Oct 22, 2026CMS
  InitiateCMSHSBC starts coverage at Hold, price target $69
• Oct 22, 2026CNP
  InitiateCNPHSBC starts coverage at Buy, price target $44
• Oct 22, 2026AEP
  InitiateAEPHSBC starts coverage at Buy, price target $145.90
• Oct 22, 2026LNT
  InitiateLNTHSBC starts coverage at Hold, price target $69.50
• Oct 13, 2026ADBE
  DowngradeADBEHSBC downgrades to Hold from Buy, price target $267

  HSBC on ADBE
• Oct 8, 2026ITUB
  DowngradeITUBHSBC downgrades to Hold from Buy, price target $9.10

  HSBC on ITUB
• Oct 8, 2026STZ
  DowngradeSTZHSBC downgrades to Hold from Buy, price target $135
• Oct 8, 2026BBD
  DowngradeBBDHSBC downgrades to Hold from Buy, price target $3.90

  HSBC on BBD
• Oct 7, 2026ALL
  UpgradeALLHSBC upgrades to Buy from Hold, price target $266

  HSBC on ALL
• Oct 7, 2026ATAT
  InitiateATATHSBC starts coverage at Buy, price target $39.70
• Oct 6, 2026ZGN
  InitiateZGNHSBC starts coverage at Buy, price target $16
• Oct 5, 2026PAC
  UpgradePACHSBC upgrades to Buy from Hold, price target $277

  HSBC on PAC

Stocks HSBC rates most

Every stock with three or more HSBC ratings (134)

• LLY
• PAM
• FTI
• QS
• EL
• UPS
• RACE
• PANW
• PGR
• BE
• ADSK
• LULU
• TT
• ASAN
• BILI
• DOCU
• VNET
• GOL
• FMX
• ATUS
• MOS
• GEV
• ADBE
• ITUB
• BBD
• BAK
• USB
• WFC
• TFC
• JPM
• C
• SNPS
• TTE
• CPRT
• TCOM
• KOF
• AZN
• COF
• GILD
• H
• BAP
• BMA
• NIO
• EDU
• AUNA
• ALB
• BIIB
• HUYA
• HAL
• HPQ
• IQV
• HMY
• NVO
• AS
• DLO
• SNN
• WM
• AU
• AMX
• TSLA
• TRV
• AIG
• ILMN
• HD
• BAM
• EQNR
• MTCH
• GLW
• MLM
• EQIX
• TTWO
• SNAP
• BNTX
• DAVA
• JKS
• TDCX
• TSP
• BUD
• XPEV
• CTSH
• BEKE
• BYND
• ZY
• FB

Questions about HSBC ratings

How many stocks does HSBC cover?

HSBC has rated 420 companies in the Quantisnow feed since June 2021, across 906 rating actions.

What was HSBC's latest upgrade?

On Nov 5, 2026, HSBC upgrades to Buy from Hold, price target $410 on LH.

What was HSBC's latest downgrade?

On Nov 6, 2026, HSBC downgrades to Hold from Buy, price target $271 on ALL.

Does HSBC upgrade or downgrade more often?

HSBC has made 317 upgrades and 295 downgrades in the feed, so 52% of its rating changes were upgrades.

Other analyst firms

• Morgan Stanley5,639
• BofA Securities4,126
• Barclays3,644
• Wells Fargo3,642
• Citigroup3,487
• Raymond James3,397
• Jefferies3,133
• Goldman Sachs3,094
• UBS2,887
• Piper Sandler2,689
• TD Cowen2,567
• RBC Capital Markets2,404
• Deutsche Bank2,227
• KeyBanc Capital Markets1,962
• Wolfe Research1,899
• BMO Capital Markets1,784
• Truist Securities1,684
• Stifel1,649
• Needham1,591
• Oppenheimer1,570
• Mizuho1,561
• Evercore ISI1,405
• Robert W. Baird1,397
• H.C. Wainwright1,228

All analyst firms

From rating actions in the Quantisnow feed since June 2021. Includes ratings published as HSBC Securities. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.