Analysts Predict FSMD Will Hit $50
ETF Performance Overview: The Fidelity Small-Mid Multifactor ETF (FSMD) has an implied analyst target price of $50.23, indicating a potential upside of 16.64% from its current trading price of $43.07.
Notable Holdings with Upside: Key underlying holdings of FSMD, such as Bowhead Specialty Holdings Inc. (BOW), COPT Defense Properties (CDP), and Bank First Corp (BFC), show significant upside potential based on analyst target prices.
Analyst Target Price Analysis: The article raises questions about the validity of analysts' target prices, suggesting that high targets may reflect optimism but could also lead to downgrades if they are based on outdated information.
Investor Research Recommendation: Investors are encouraged to conduct further research to determine whether analysts' targets are justified or overly optimistic in light of recent developments in the companies and their industries.
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Analyst Views on FSMD
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Breaking Down the Components: FSMD May Have a Value of $51
ETF Analysis: The Fidelity Small-Mid Multifactor ETF (FSMD) has an implied analyst target price of $50.92, indicating a potential upside of 16.55% from its current trading price of $43.69.
Notable Holdings: Key underlying holdings with significant upside potential include BellRing Brands Inc (BRBR), CIRCLE INTERNET GROUP INC A (CRCL), and AvePoint Inc (AVPT), with expected price increases of 82.02%, 70.11%, and 57.85% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Analysts Predict FSMD Will Hit $50
ETF Performance Overview: The Fidelity Small-Mid Multifactor ETF (FSMD) has an implied analyst target price of $50.23, indicating a potential upside of 16.64% from its current trading price of $43.07.
Notable Holdings with Upside: Key underlying holdings of FSMD, such as Bowhead Specialty Holdings Inc. (BOW), COPT Defense Properties (CDP), and Bank First Corp (BFC), show significant upside potential based on analyst target prices.
Analyst Target Price Analysis: The article raises questions about the validity of analysts' target prices, suggesting that high targets may reflect optimism but could also lead to downgrades if they are based on outdated information.
Investor Research Recommendation: Investors are encouraged to conduct further research to determine whether analysts' targets are justified or overly optimistic in light of recent developments in the companies and their industries.
