Add Up The Parts: FXL Could Be Worth $155
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
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Source: NASDAQ.COM
ETF Analyst Target Price Analysis: The First Trust Technology AlphaDEX Fund ETF (FXL) has an implied analyst target price of $155.48, indicating a potential upside of 9.78% from its current trading price of $141.63.
Notable Holdings with Upside Potential: Key holdings within FXL, such as Onto Innovation Inc, Kyndryl Holdings Inc, and Informatica Inc, show significant upside potential based on analysts' target prices, suggesting that further investor research is warranted regarding the validity of these targets.
Analyst Views on FXL
Wall Street analysts forecast FXL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 175.385
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Current: 175.385
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
