Oil falls to $70 despite pager attack and rising Middle East tensions (NYSEARCA:USO)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2024
0mins
Source: SeekingAlpha
U.S. Diplomatic Efforts: Secretary of State Antony Blinken is visiting the Middle East for the 10th time since the Gaza conflict began, focusing on negotiating a hostage deal and advocating for a ceasefire.
Current Discussions: His latest talks are taking place in Cairo, following recent developments related to the ongoing war.
Analyst Views on USAI
Wall Street analysts forecast USAI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USAI 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: 39.560
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Current: 39.560
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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.
