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HRGLF - Hargreaves Lansdown: Reiterate Buy After Q1 Results 15% Drop
Hargreaves Lansdown Plc Bristol
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Introduction
We published our first Buy recommendation on Hargreaves Lansdown (OTCPK:HRGLF) (referred in this article as "HL") in June this year, following a 15.6% fall in its share price after Woodford Investment Management announced the suspension of its Equity Income Fund, one of HL's "Wealth 50" recommendations. After our article, HL shares first rose 12.6% by the end of July, remained 10.4% higher at the end of September (after an 1.7% gain in dividends), but have