European stocks edge higher ahead of key US CPI release; Heineken impresses By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
European Stock Markets: European stock markets saw modest gains as investors awaited the U.S. inflation report, which is anticipated to provide insights into Federal Reserve policy and economic growth, with key indices like DAX, CAC 40, and FTSE 100 all rising slightly.
Oil Prices and Inventory Reports: Oil prices fell after a significant increase in U.S. crude inventories, which rose by 9 million barrels, exceeding forecasts and suggesting potential demand weakness; market participants are now looking forward to the official inventory report from the U.S. Energy Information Administration.
Analyst Views on LCO
Wall Street analysts forecast LCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCO 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: 27.375
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Current: 27.375
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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.
