UK's Raspberry Pi Holdings falls on HSBC downgrade
07/01/2025 10:18
** Shares of Raspberry Pi Holdings RPI.L fall 6% to
571.50p; top pct loser on FTSE 250 .FTMC index
** HSBC cuts the tech company's stock to "reduce" from
"buy"; raises target price to 500p from 440p
** 2 of 3 brokerages rate the stock "buy" or higher and 1
"sell" or lower; median PT 448p – LSEG data
(Reporting by Aby Jose Koilparambil in Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))