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Grab Holdings Stock Drops 6% as HSBC Downgrades It to Hold from Buy on Valuation After Rally

HSBC downgraded $Grab Holdings(GRAB)$ to Hold from Buy with a price target of $6.20, up from $6. The firm says it is “time for a breather” following the stock’s 30% rally off last month’s low....
Grab Holdings Stock Drops 6% as HSBC Downgrades It to Hold from Buy on Valuation After Rally

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