'Tariffs Are A Means To An End': Bessent Defends Trade Strategy, Pushes Growth Plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2025
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Source: Benzinga
Economic Roadmap: Treasury Secretary Scott Bessent emphasized a focus on reducing government spending, cutting regulations, and promoting private-sector growth to address the U.S.'s spending problem and achieve sustainable economic expansion.
Trade and Tariffs: Bessent discussed using tariffs as a strategic tool to incentivize reshoring manufacturing back to the U.S., while also hinting at collaborations with Elon Musk for improving Treasury efficiency and payment systems.
Analyst Views on UTEN
Wall Street analysts forecast UTEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UTEN 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: 43.903
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Current: 43.903
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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.
