Global commodity availability sinks to 11-month lows, ex-U.S. natural gas - JPM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
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Source: SeekingAlpha
Natural Gas Inventory Impact: The seasonal increase in U.S. natural gas inventory has led to a slight rise in global commodity availability through September, according to JPM Commodities Research.
Wider Commodity Decline: Despite the uptick in natural gas inventory, there is an overall decline across the broader commodity complex.
Analyst Views on CORN
Wall Street analysts forecast CORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CORN 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: 17.150
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Current: 17.150
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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.
