Cantor Fitzgerald doesn’t believe in Wall Street’s recent reprieve rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2025
0mins
Source: SeekingAlpha
Market Outlook: Wall Street has rebounded after a correction, but Cantor Fitzgerald maintains a bearish outlook due to expectations of a weak earnings season and deteriorating economic data in the coming months.
Current Market Performance: As of Friday, major indices are down for the year, with the Dow down 2.6%, S&P 500 down 5%, and Nasdaq Composite down 9.9%.
Analyst Views on DXD
Wall Street analysts forecast DXD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DXD 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: 19.460
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Current: 19.460
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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.
