This small-cap ETF drew investors after Fed nod to rate cuts. Can it keep it up?
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Market Outlook: This week's ETF Wrap discusses the potential rebound of small-cap stocks and funds following indications from Federal Reserve Chair Jerome Powell regarding upcoming interest-rate cuts.
Contact Information: Readers are encouraged to send tips or feedback to reporters Isabel Wang and Christine Idzelis, with their social media handles provided for further engagement.
Analyst Views on KRE
Wall Street analysts forecast KRE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRE 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: 69.930
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Current: 69.930
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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.
