Aston Martin loses bull rating at HSBC with bumpy road seen ahead

Jan. 17, 2023 6:37 AM ETAston Martin Lagonda Global Holdings plc (AMGDF)AMLRFBy: Clark Schultz, SA News Editor

Aston Martin Sports Car

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HSBC downgraded Aston Martin Lagonda Global Holdings (OTCPK:AMGDF) to a Hold rating after having it set at Buy.

The firm pointed to potential risks of another capital raise and delayed achievement of mid-term targets.

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