Spectris Plc rocked by HSBC downgrade: price target slashed, is the worst yet to come?
HSBC has downgraded its outlook on Spectris Plc, reducing its stock rating from “buy” to “hold,” while dramatically slashing its price target from GBP 37 to GBP 30.50. This move, based on a comprehensive analysis of Spectris’ recent acquisitions and shifting financial projections, sends shockwaves through the market and casts doubt on the company’s future […]
