HSBC Upgrades Goldman Sachs and Raises Price Target on Morgan Stanley

HSBC Global Investment Research upgraded Goldman Sachs to 'Hold' from 'Reduce' following its strong Q2 results, which included a 55% year-over-year increase in investment banking fees. The firm also raised the price target for Morgan Stanley.

By Mary Christine Joy, SA News Editor · Seeking Alpha ·

HSBC Upgrades Goldman Sachs and Raises Price Target on Morgan Stanley

Tickers: $GS $HSBC

Topics: Goldman Sachs HSBC upgrade Q2 results

Read the full article at Seeking Alpha

More World news