Wall Street Performance: Last week, Wall Street experienced a decline, with the S&P 500 down 0.3%, the Dow down 0.2%, and the Nasdaq down 0.7%, marking the first weekly loss for the Nasdaq and S&P 500 in four weeks.
Economic Indicators: August's personal consumption expenditures (PCE) price index showed a core PCE increase of 2.9% annually, supporting expectations for two quarter-point interest rate cuts by year-end, while consumer sentiment slightly weakened with a 55.1 reading in September.
Federal Reserve Actions: The Federal Reserve implemented its first rate cut of 2025 in September, with a high probability of another cut in October, amid concerns over a weakening labor market.
Tariff Announcements and Commodity Performance: President Trump announced new tariffs on various imports starting October 1, while platinum and palladium prices surged due to supply issues and increased industrial demand, alongside significant gains in lithium and silver mining ETFs.
Wall Street analysts forecast PPLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPLT 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 PPLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPLT 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: 226.300
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Current: 226.300
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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.
