IDT Corporation (IDT) has disclosed a new risk, in the Capital Markets category.
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IDT Corporation faces significant business risks due to changes in national policy and governmental actions related to tariffs and international trade agreements. The evolving global tariff landscape, marked by the United States’ imposition of a baseline 10% tariff on goods from all countries and reciprocal tariffs with trade-deficit nations, has created economic uncertainty. This uncertainty could lead to a global economic slowdown and long-term shifts in global trade dynamics, potentially affecting IDT’s access to suppliers and customers. Such developments may have a material adverse effect on the company’s business, results of operations, and overall outlook.
The average IDT stock price target is $57.00, implying 12.54% upside potential.
To learn more about IDT Corporation’s risk factors, click here.