大行评级｜花旗：上调汇丰控股目标价至138.3港元 重申“买入”评级

Core Viewpoint - Citigroup's research report indicates a downward adjustment of HSBC Holdings' earnings per share forecast for 2025 to 2027 by 0% to 1% due to the Federal Reserve's interest rate cut predictions [1] Group 1 - Citigroup believes HSBC can achieve a tangible return on tangible equity (RoTE) of approximately 19% to 20% in 2027 to 2028 [1] - Following the inclusion of the 2028 forecast, Citigroup raised the target price for HSBC from HKD 127.8 to HKD 138.3 [1] - The firm reiterated a "buy" rating for HSBC [1]