From Nasdaq: 2024-05-31 07:10:44

Analysts see 9.52% upside for the Invesco Dorsey Wright Momentum ETF (PDP) with an implied target price of $105.48 per unit. Bullish targets for underlying holdings Samsara Inc (IOT), Meta Platforms Inc (META), and Onto Innovation Inc (ONTO) suggest 10.97-14.62% potential gains. Investors should conduct further research on these projections.

These ETFs are trading below the average analyst 12-month targets, indicating potential for growth. Market performance history of key holdings like IOT, META, and ONTO show positive trends. Analyst targets may reflect optimism for the future, but investors should assess if these projections align with recent industry trends and company developments.

For more insights on ETFs with the most upside potential to analyst targets, visit ETF Channel. Explore opportunities in blue chip dividend stocks hedge funds are buying, along with funds holding TWNT and KEYW. Remember, analyst targets provide valuable insights, but investor research is crucial for informed decision-making.



Read more at Nasdaq: Peek Under The Hood: PDP Has 10% Upside