Bilateral Trade Agreement: The U.S. and Argentina have established a framework to enhance trade and investment, allowing Argentina to provide preferential access for U.S. exports, including agricultural products and pharmaceuticals.
Economic Impact: The agreement aims to support Argentina's struggling economy while facilitating the entry of U.S. agricultural goods, addressing trade tensions that have affected U.S. farmers.
Tariff Adjustments: The U.S. will eliminate certain tariffs on natural resources and non-patented pharmaceutical articles, while Argentina will reduce non-tariff barriers and phase out a statistical tax on U.S. goods.
Market Access Developments: Argentina has opened its market to U.S. live cattle and will allow U.S. poultry access within a year, with both countries working to finalize the agreement for implementation.
Wall Street analysts forecast ARGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARGT 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 ARGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARGT 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: 94.650
Low
Averages
High
Current: 94.650
Low
Averages
High
No data
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.
