US And Ukraine Sign Mineral Resource Deal
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S.-Ukraine Agreement: The U.S. and Ukraine have signed an agreement allowing the U.S. access to Ukraine's mineral resources, establishing a reconstruction investment fund aimed at attracting global investments to support Ukraine's recovery without requiring repayment of past military aid.
Challenges Ahead: Despite Ukraine's significant mineral reserves, extraction is complicated by ongoing territorial conflicts with Russia, and there are concerns about refining capabilities, as most minerals would likely need to be sent to China for processing.
Analyst Views on SPY
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY 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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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.
