Vanguard S&P Mid-Cap 400 Growth Breaks Below 200-Day Moving Average - Notable for IVOG
IVOG Stock Performance: IVOG's 52-week trading range is between $94.96 and $124.73, with the last trade recorded at $111.96.
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Analyst Views on IVOG
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Projected 12-Month Target for IVOG by Analysts
ETF Analyst Target Price: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $135.75, indicating a potential upside of 12.56% from its current trading price of $120.59.
Notable Holdings with Upside: Key underlying holdings of IVOG, such as Matador Resources Co, Permian Resources Corp, and SLM Corp, show significant upside potential, with target prices exceeding their recent trading prices by 41.85%, 39.62%, and 37.53%, respectively.
Analysts Anticipate IVOG To Hit $128
ETF Analyst Target Prices: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $127.55, indicating a potential upside of 10.37% from its current trading price of $115.57.
Individual Stock Upside Potential: Notable underlying holdings like Universal Display Corp, Primerica Inc, and Range Resources Corp show significant upside potential based on analyst target prices, with expected increases ranging from 13.42% to 16.14%.
Implied IVOG Analyst Target Price: $128
ETF Analyst Target Insights: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $128.06, indicating a potential upside of 29.06% from its current trading price of $99.23.
Notable Holdings with Upside Potential: Key underlying holdings such as XPO Inc, MACOM Technology Solutions, and Wintrust Financial Corp show significant upside potential, with target prices suggesting increases of 58.32%, 58.01%, and 46.97% respectively compared to their recent trading prices.
Add Up The Pieces: IVOG Could Be Worth $132
ETF Performance Analysis: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $131.69, indicating a potential upside of 15.08% from its current trading price of $114.43.
Individual Stock Upside Potential: Notable underlying holdings such as Western Alliance Bancorporation, ITT Inc, and Graphic Packaging Holding Co show significant upside potential, with expected increases of 16.30%, 16.15%, and 15.66% respectively based on analyst target prices.
JPMorgan Analyst Lifts Coherent Forecast, Cites Strong Margins And Datacom Growth
Analyst Upgrades: JPMorgan analyst Samik Chatterjee raised Coherent Corp.'s price target from $110 to $120, maintaining an Overweight rating after the company reported better-than-expected second-quarter sales and earnings per share. Other analysts also increased their price forecasts, with Needham raising it to $125 and Rosenblatt to $115.
Market Performance: Coherent shares rose 12.7% to $101.50 following the positive earnings report, reflecting investor confidence in the company's strategic initiatives and execution despite challenges in some markets.
Coherent Tops Q2 Estimates, Boosts Margins Amid AI And Telecom Growth
Coherent Corp. Financial Performance: Coherent Corp. shares rose over 17.3% after reporting second-quarter sales of $1.44 billion, exceeding expectations, with significant growth in adjusted operating income and EPS, driven by strong demand in AI-related Data Centers and Telecom.
Future Outlook: The company forecasts third-quarter FY24 revenue between $1.39 billion and $1.48 billion, with adjusted EPS expected to be between $0.75 and $0.95, aligning closely with market consensus.
Projected 12-Month Target for IVOG by Analysts
ETF Analyst Target Price: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $135.75, indicating a potential upside of 12.56% from its current trading price of $120.59.
Notable Holdings with Upside: Key underlying holdings of IVOG, such as Matador Resources Co, Permian Resources Corp, and SLM Corp, show significant upside potential, with target prices exceeding their recent trading prices by 41.85%, 39.62%, and 37.53%, respectively.
Analysts Anticipate IVOG To Hit $128
ETF Analyst Target Prices: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $127.55, indicating a potential upside of 10.37% from its current trading price of $115.57.
Individual Stock Upside Potential: Notable underlying holdings like Universal Display Corp, Primerica Inc, and Range Resources Corp show significant upside potential based on analyst target prices, with expected increases ranging from 13.42% to 16.14%.
Implied IVOG Analyst Target Price: $128
ETF Analyst Target Insights: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $128.06, indicating a potential upside of 29.06% from its current trading price of $99.23.
Notable Holdings with Upside Potential: Key underlying holdings such as XPO Inc, MACOM Technology Solutions, and Wintrust Financial Corp show significant upside potential, with target prices suggesting increases of 58.32%, 58.01%, and 46.97% respectively compared to their recent trading prices.
Add Up The Pieces: IVOG Could Be Worth $132
ETF Performance Analysis: The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) has an implied analyst target price of $131.69, indicating a potential upside of 15.08% from its current trading price of $114.43.
Individual Stock Upside Potential: Notable underlying holdings such as Western Alliance Bancorporation, ITT Inc, and Graphic Packaging Holding Co show significant upside potential, with expected increases of 16.30%, 16.15%, and 15.66% respectively based on analyst target prices.
JPMorgan Analyst Lifts Coherent Forecast, Cites Strong Margins And Datacom Growth
Analyst Upgrades: JPMorgan analyst Samik Chatterjee raised Coherent Corp.'s price target from $110 to $120, maintaining an Overweight rating after the company reported better-than-expected second-quarter sales and earnings per share. Other analysts also increased their price forecasts, with Needham raising it to $125 and Rosenblatt to $115.
Market Performance: Coherent shares rose 12.7% to $101.50 following the positive earnings report, reflecting investor confidence in the company's strategic initiatives and execution despite challenges in some markets.
Coherent Tops Q2 Estimates, Boosts Margins Amid AI And Telecom Growth
Coherent Corp. Financial Performance: Coherent Corp. shares rose over 17.3% after reporting second-quarter sales of $1.44 billion, exceeding expectations, with significant growth in adjusted operating income and EPS, driven by strong demand in AI-related Data Centers and Telecom.
Future Outlook: The company forecasts third-quarter FY24 revenue between $1.39 billion and $1.48 billion, with adjusted EPS expected to be between $0.75 and $0.95, aligning closely with market consensus.
