December 15th, 2015

How The Pieces Add Up: WFH Targets $63

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 Direxion Work From Home ETF ETF (WFH), we found that the implied analyst target price for the ETF based upon its underlying holdings is $63.21 per unit.
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