European stocks rise strongly as trade war tensions ease; Volvo struggles By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Source: Investing.com
European Equity Markets Rise: European stock indices increased as investors reacted positively to comments from U.S. President Trump regarding potential reductions in trade tariffs with China, suggesting a less destructive trade war and reduced recession risks.
Corporate and Economic Updates: Companies like Volvo and Akzo Nobel reported mixed earnings results, while oil prices rose following new U.S. sanctions on Iran, amid ongoing nuclear deal discussions and a notable drop in U.S. crude oil inventories.
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.
