Surprising Analyst 12-Month Target For DWAS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
0mins
Source: NASDAQ.COM
ETF Analyst Target Prices: The Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) has an implied analyst target price of $102.83, indicating a potential 12.63% upside from its current trading price of $91.30.
Notable Holdings with Upside Potential: Key holdings within DWAS, such as Pitney Bowes Inc, Corcept Therapeutics Inc, and Archer Aviation Inc, show significant upside potential based on analysts' target prices, raising questions about the validity of these targets amidst market conditions.
Analyst Views on PBI
Wall Street analysts forecast PBI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBI is 11.14 USD with a low forecast of 9.43 USD and a high forecast of 13.00 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.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 10.350
Low
9.43
Averages
11.14
High
13.00
Current: 10.350
Low
9.43
Averages
11.14
High
13.00
About PBI
Pitney Bowes Inc. is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world. The Company’s SendTech Solutions segment provides clients with physical and digital shipping and mailing technology solutions and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats, as well as supplies and maintenance services for these offerings. Through its wholly owned subsidiary, The Pitney Bowes Bank (the Bank), it offers clients located in the United States a revolving credit solution for the purchase of postage, services and supplies and an interest-bearing deposit solution to clients who prepay postage. Its Presort Services segment is a national outsource provider of mail sortation services that allow clients to qualify large volumes of first-class mail, marketing mail, and marketing mail flats/bound printed matter for postal work sharing discounts.
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.
