HSBC Downgrades Dubai Islamic Bank to Reduce, Reduces PT

08:32 AM EDT, 07/16/2026 (MT Newswires) -- HSBC on Thursday downgraded Emirati lender Dubai Islamic Bank (DFM:DIB) to reduce from hold and lowered its price target to 6.20 Emirati dirhams from 7.30 dirhams. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)