Analysts predict 10.05% upside for iShares Morningstar Mid-Cap ETF (IMCB) to reach $79

From Nasdaq
July 22, 2024 8:29 AM:

Analysts see 10.05% upside for iShares Morningstar Mid-Cap ETF (IMCB) with an implied target price of $79.05 per unit. Notable holdings with upside include Datadog Inc (DDOG), MicroStrategy Inc. (MSTR), and Sirius XM Holdings Inc (SIRI). Analysts are optimistic, but investors should conduct further research to validate these targets.

For DDOG, analysts expect a 21.61% increase from the recent price of $119.03. MSTR has a 13.45% upside from $1778.50, and analysts predict SIRI will reach $3.86, representing a 13.45% gain. High target prices may indicate optimism but could lead to downgrades if unjustified by future performance.

Investors can find more ETFs with significant upside to analyst targets on the ETF Channel website. Analyst views are crucial but should be supplemented with individual research and evaluation of recent company and industry developments. Remember, high targets may not always reflect future performance accurately.

Read more at Nasdaq: How The Pieces Add Up: IMCB Headed For $79