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HSBC loses conviction in leading drugmaker, forecasts 'tough path' ahead

The bank's analysts wrote in a note on Monday that they have downgraded the stock to 'hold', as the team "no longer finds the risk-reward balance attractive."

HSBC loses conviction in leading drugmaker, forecasts 'tough path' ahead

Published July 14, 2026 · Category: Finance

Overview

The bank's analysts wrote in a note on Monday that they have downgraded the stock to 'hold', as the team "no longer finds the risk-reward balance attractive."

Source

Originally published at www.cnbc.com.

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