Market Update: Financial Stocks Rise in Premarket Trading on Thursday
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Financial Market Movement: Financial stocks showed positive movement in premarket trading on Thursday.
Key Financial Fund: The Financial Select Sector SPDR Fund (XLF) was highlighted as part of this upward trend.
Analyst Views on FAS
Wall Street analysts forecast FAS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAS 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: 154.750
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Current: 154.750
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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.
