Surprising Analyst 12-Month Target For SPUU
November 18, 2024 at 07:05 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Direxion Daily S&P 500 Bull 2X Shares ETF (SPUU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $163.14 per unit.
