Interest Rate Outlook: Cleveland Fed President Beth Hammack believes there is little need for the central bank to adjust interest rates in the near future, supporting a steady policy after three rate cuts.
Inflation Concerns: Hammack emphasizes that inflation risks are significant, suggesting that recent data may understate true price pressures due to disruptions from the federal government shutdown.
Neutral Interest Rate: She posits that the economy's neutral interest rate may be higher than commonly thought, indicating that current monetary policy could already be stimulative.
Future Economic Visibility: Hammack anticipates that the Fed may not need to reconsider rates until spring, when clearer insights into tariffs and supply chain costs are expected to emerge.
Wall Street analysts forecast COM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COM 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 COM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COM 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: 30.951
Low
Averages
High
Current: 30.951
Low
Averages
High
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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.