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0 0 0 0.000917325994725356 0.00149065474142868 0.00389863547758272 0.00343997248022013 -0.000458662997362759
Stock impact report

New Record for Europe Stocks Will Be 2026 Peak, Strategists Say [Yahoo! Finance Canada]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Most Read from Bloomberg The better news is that few predict major declines, with government spending and low interest rates expected to boost Europe's economy. HSBC Holdings Plc remains the biggest bull with a 670 points target, implying gains of almost 7%. Only two strategists see the threat of a drop of 10% or more: TFS Derivatives and Bank of America Corp. “European equities have had a strong run and are fast approaching our year end target, while the EPS revisions continue to be negative driven by internationally exposed stocks,” said Beata Manthey, head of global and European equity strategy at Citigroup Inc. “We watch for signs of broad-based EPS inflection. For now, we have a strong preference for domestic versus international oriented stocks.” The Stoxx Europe 600 index has quickly added more than 5% to last year's rally of almost 17% and is trouncing the S&P 500. The US benchmark has struggled as investors switch out of mega-cap stocks in favor of markets in the rest Show less Read more
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