Tech Stocks Decline: The Nasdaq Composite faced its worst week since April due to a prolonged government shutdown, which has negatively impacted investor sentiment and economically sensitive sectors like retail and food-and-beverage.
Government Shutdown Update: The ongoing government shutdown is raising concerns about air travel disruptions, prompting political discussions for a resolution, as historical precedents suggest that travel issues can accelerate negotiations.
Cisco Earnings Anticipation: Cisco Systems is set to report its fiscal Q1 earnings, with expectations of a slight revenue beat but cautious guidance due to the government shutdown and rising component costs, while AI orders remain a focal point for investors.
Disney Earnings Outlook: Disney is expected to report its fiscal Q4 results, with a focus on its streaming business performance and potential impacts from recent price hikes and consumer sentiment, particularly regarding its theme parks and cruise bookings.
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT 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.
0 Analyst Rating
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT 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.
0 Buy
0 Hold
0 Sell
Current: 90.390
Low
Averages
High
Current: 90.390
Low
Averages
High
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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.
