Look Under The Hood: MDYG Has 12% Upside
October 29, 2024 at 06:59 AM EDT
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 SPDR S&P 400 Mid Cap Growth ETF (MDYG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $98.73 per unit.
