TSX opens higher after BoC maintains key rate By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Canadian Stock Market Update: Canada's main stock indexes saw slight gains following the Bank of Canada's decision to maintain the key interest rate at 2.75%, while U.S. stocks experienced mixed results amid President Trump's criticism of Fed Chair Jerome Powell's monetary policy stance.
Commodity Prices Movement: Oil prices rose slightly after previous selloffs, while gold prices fell after reaching record highs, reflecting ongoing market reactions to U.S.-China trade tensions and economic uncertainties.
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.
