HSBC gets $63 price target amid mixed analyst ratings and plans for up to 20,000 job cuts.

HSBC Holdings plc has a consensus analyst rating of Moderate Buy with an average price target of $63. While some analysts upgraded the stock, others downgraded it, reflecting mixed sentiment. The company recently beat Q4 earnings expectations and raised its dividend significantly to $2.25 per share quarterly. However, HSBC is planning to cut up to 20,000 jobs as part of cost-saving measures driven by AI adoption, which has caused investor caution and pressure on near-term earnings outlooks.