Stocks rise in tepid cheer for US-China talks By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2025
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Source: Investing.com
U.S.-China Trade Talks: U.S. stock futures and the dollar rose on news of an upcoming meeting between U.S. and Chinese trade officials, although Asian markets remained cautious about potential tariff agreements ahead of a Federal Reserve interest rate decision.
Market Reactions: The Federal Reserve's meeting is expected to maintain interest rates, with minimal chances of cuts, while global markets are reacting to recent developments including China's rate cut and ongoing tensions between India and Pakistan.
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: 27.375
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Current: 27.375
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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.
