Stocks drift, dollar slips on US-China standoff By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Market Reactions to Trade Tensions: Stocks remained stable while the dollar faced its largest monthly decline in years due to ongoing trade tensions between the U.S. and China, with tariffs impacting investor confidence and economic data.
Economic Indicators and Earnings Reports: Upcoming U.S. GDP and job figures are expected to reflect preemptive purchases before new tariffs, while major companies including HSBC and BP report quarterly results amid concerns of a significant drop in China shipments to the U.S.
Analyst Views on LCO
Wall Street analysts forecast LCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCO 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: 27.017
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Current: 27.017
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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.
