Moody's Credit Outlook: Moody's has downgraded France's credit outlook to negative while keeping its long-term foreign-currency sovereign credit rating at Aa3, citing concerns over political fragmentation affecting budget deficit management.
Government Response: Finance Minister Roland Lescure emphasized the need for a collective approach to achieve a budgetary compromise, reaffirming the government's commitment to reducing the deficit to 5.4% of GDP by 2025 and below 3% by 2029.
Impact of Political Fragmentation: The negative outlook reflects increased risks from political fragmentation in France, which may impede the government's ability to effectively address its budgetary challenges.
Market Reaction: The CAC 40 index closed flat at 8,226, showing modest gains for the week despite rising political tensions and a slowdown in private-sector activity, following similar downgrades from other agencies.
Wall Street analysts forecast EWQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWQ 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 EWQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWQ 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: 45.050
Low
Averages
High
Current: 45.050
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.
