U.S. strikes Yemen to end Red Sea attacks, Trump warns Iran on Houthi support
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
U.S. Airstrikes on Houthi Militants: The U.S. has conducted airstrikes in Yemen against Houthi militants, resulting in at least 31 deaths, as President Trump threatens to use "overwhelming lethal force" to protect shipping routes in the Red Sea amid ongoing attacks by the Houthis.
Iran's Response and Regional Tensions: Iran denies direct involvement with the Houthis and warns of a decisive response to U.S. threats, while the Houthis have vowed to escalate their attacks if U.S. aggression continues, further complicating the situation in the region.
Analyst Views on XAR
Wall Street analysts forecast XAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XAR 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: 285.330
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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.
