Market Update: Financial Stocks Drop Ahead of Friday's Opening Bell
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Financial Sector Performance: Financial stocks were experiencing a decline before the market opened on Friday, indicated by the performance of the Financial Select Sector SPDR Fund (XLF).
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Analyst Views on FAZ
Wall Street analysts forecast FAZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAZ 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
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0 Sell
Current: 41.260
Low
Averages
High
Current: 41.260
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Averages
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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.
