Friday's ETF Movers: PTF, KWEB
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
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Source: NASDAQ.COM
Performance of KraneShares CSI China Internet ETF: The KraneShares CSI China Internet ETF is down approximately 2% in Friday afternoon trading, underperforming other ETFs.
Weakest Components: Notable declines among its components include Iqiyi, which fell by about 4.7%, and Kanzhun, which decreased by around 3.9%.
Analyst Views on KWEB
Wall Street analysts forecast KWEB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KWEB 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
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0 Sell
Current: 35.890
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Current: 35.890
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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.
