Asia stocks: China climbs on US trade talk hopes; Fed meeting eyed By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Asian Stock Market Trends: Most Asian stock markets saw gains, particularly in China, due to optimism surrounding potential U.S.-China trade talks, while major markets like Japan and South Korea were closed for holidays, resulting in low trading volumes.
Investor Sentiment and Upcoming Data: Investors are cautiously awaiting the Federal Reserve's policy meeting and upcoming economic data from China, including trade balance and inflation figures, as they assess the impact of tariffs and geopolitical tensions.
Analyst Views on PSI
Wall Street analysts forecast PSI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 95.300
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Current: 95.300
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
