HL shares rise as Peel Hunt upgrades stock to 'buy'
Stock has been 'oversold'
The news comes following weakness in HL shares so far this year
In a note issued today (22 October), investment bank Peel Hunt upgraded Hargreaves Lansdown to a 'buy' from 'add', saying the stock has been oversold at current levels.
This follows weakness in HL shares so far this year, which have fallen by over 25% to date and have "materially underperformed sector peers", Peel Hunt said. Today, however, the shares are trading 3.7%...
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