Trade Tensions with China: President Trump indicated ongoing trade tensions with China, announcing a 100% tariff on Chinese goods starting Nov. 1, which led to a significant drop in Wall Street. Despite hints of easing tensions, relations have soured further with China's sanctions on U.S. companies.
Market Impact Predictions: Morgan Stanley's chief strategist warned that unresolved trade tensions could lead to an 8-11% decline in U.S. stocks by November, with volatility increasing as indicated by a rise in the VXX index.
Quality Stocks Performance: Amid market fluctuations, quality exchange-traded funds (ETFs) have outperformed the S&P 500 over the past month, with several ETFs showing positive returns despite recent market volatility.
Investment Resources: Zacks Investment Research offers a newsletter with actionable insights and top-performing ETFs, encouraging investors to stay informed about market trends and stock recommendations.
Wall Street analysts forecast IQLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IQLT 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.
0 Analyst Rating
Wall Street analysts forecast IQLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IQLT 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.
0 Buy
0 Hold
0 Sell
Current: 46.930
Low
Averages
High
Current: 46.930
Low
Averages
High
No data
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.
