How The Pieces Add Up: DFEN Targets $25
November 18, 2021 at 08:16 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Daily Aerospace & Defense Bull 3X Shares ETF (DFEN), we found that the implied analyst target price for the ETF based upon its underlying holdings is $24.94 per unit.