World stock market cap set to hit new record, says Bank of America
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 27 2024
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Source: MarketWatch
Global Stock Market Growth: Global stock-market capitalization is expected to exceed its highest level in three years, surpassing the record $123 trillion from October 2021.
Influencing Factors: This growth is attributed to the Federal Reserve's interest rate cuts and China's economic stimulus measures initiated this month.
Analyst Views on VT
Wall Street analysts forecast VT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VT 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: 144.920
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Current: 144.920
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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.
