Trump: U.S. ships should travel through Panama and Suez canals for free
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Trump's Proposal on Canal Usage: President Trump has proposed that U.S. military and commercial ships should transit the Panama and Suez Canals free of charge, claiming these waterways owe their existence to the U.S. He has tasked Secretary of State Marco Rubio with addressing this issue.
Panama's Response: The President of Panama, José Raúl Mulino, refuted Trump's claims about U.S. control over the Panama Canal, stating that the Neutrality Treaty and the Panama Canal Organic Law govern vessel transits and costs, with no contrary agreements in place.
Analyst Views on BOAT
Wall Street analysts forecast BOAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BOAT 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: 33.947
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Current: 33.947
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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.
