ETFs Drop as US Stocks Fall in Afternoon Trading
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
- Market Performance: Broad-market exchange-traded funds IWM and IVV experienced declines.
- Trading Activity: There was notable trading activity in Inve, indicating investor interest.
Analyst Views on XLK
Wall Street analysts forecast XLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLK 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 143.810
Low
Averages
High
Current: 143.810
Low
Averages
High
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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.
