ETF Channel computed a weighted-average implied analyst 12-month target price for each ETF in its coverage by comparing each holding's trading price to the average analyst 12-month forward target and weighting by position size. The output provides an implied analyst target for the ETF as a whole to gauge aggregate upside/downside vs current trading levels; the analysis is informational and unlikely to move markets by itself.
ETF Channel computed a weighted-average implied analyst 12-month target price for each ETF in its coverage by comparing each holding's trading price to the average analyst 12-month forward target and weighting by position size. The output provides an implied analyst target for the ETF as a whole to gauge aggregate upside/downside vs current trading levels; the analysis is informational and unlikely to move markets by itself.
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neutral
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