Netanyahu Backs Cease-Fire Deal With Hezbollah, Israeli Hardliner Calls For 'Security Zone' Inside Lebanon
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2024
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Source: Benzinga
Cease-fire Proposal: A 60-day cease-fire deal has been proposed to end hostilities between Israel and Hezbollah, aimed at shifting focus to Iran and pressuring Hamas for hostage release, according to Israeli Prime Minister Benjamin Netanyahu.
Concerns and Market Reactions: Despite the proposal, concerns remain about its effectiveness, with Israeli officials advocating for a security zone in Lebanon. Meanwhile, oil prices have seen a slight decline, while Israeli stocks have increased significantly this year.
Analyst Views on XOP
Wall Street analysts forecast XOP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XOP 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: 134.630
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Current: 134.630
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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.
