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 itse
In recent trading, shares of Illinois Tool Works, Inc. (Symbol: ITW) have crossed above the average analyst 12-month target price of $148.64, changing hands for $151.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of Jack Henry & Associates, Inc. (Symbol: JKHY) have crossed above the average analyst 12-month target price of $163.28, changing hands for $167.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to re
In recent trading, shares of Flowers Foods, Inc. (Symbol: FLO) have crossed above the average analyst 12-month target price of $21.25, changing hands for $21.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Equinix Inc (Symbol: EQIX) have crossed above the average analyst 12-month target price of $645.38, changing hands for $652.22/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Franco-Nevada Corp (Symbol: FNV) have crossed above the average analyst 12-month target price of $109.16, changing hands for $110.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Pinduoduo Inc (Symbol: PDD) have crossed above the average analyst 12-month target price of $37.67, changing hands for $38.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of CoreSite Realty Corp (Symbol: COR) have crossed above the average analyst 12-month target price of $113.00, changing hands for $115.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Tradeweb Markets Inc (Symbol: TW) have crossed above the average analyst 12-month target price of $46.55, changing hands for $48.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
Oil prices hit a rough patch in the first three months of 2020, tackling dual blows of supply and demand. The U.S. West Texas Intermediate crude prices declined more than 54% in March and 66.5% in the quarter. The Brent crude lost 55% last month. It also saw the worst quarterly
In a relatively calm week when only about $2.2 billion in net new assets found their way into ETFs, active nontransparent ETFs made their long-awaited debut.
The coronavirus crisis shows no signs of dissipating any time soon as the number of confirmed cases in the United States have soared to more than 347,000, with the death toll crossing 10,000. Globally, the number of infected cases has risen to more than 1.27 million.
Oil had a big day on Apr 2 as the liquid commodity saw a record single-day jump of about 25%. President Trump’s tweets that he expects Saudi Arabia and Russia to reach an agreement for a considerable production cut sent oil rallying. WTI crude ETF United States Oil Fund LP USO
The first quarter of 2020 has been fraught with worries for Wall Street, starting from the Middle-East tensions to the coronavirus outbreak. Global recessionary fears resurfaced in the quarter. Wall Street snapped its longest bull run ever and went on to record its worst quarter
In trading on Monday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 12.7% on the day. Components of that ETF showing particular strength include shares of LGI Homes, up about 22.3% and shares of Installed Building Products, up about 21.8% on the
Despite a strong start to the year, the U.S. auto industry took a hit in the first quarter due to COVID-19 that forced people to stay home for the most of March, denting business of one of the nation’s largest industries (read: S&P Sees Worst-Ever Q1: 5 Stocks That Gained
In trading on Monday, shares of the iShares Nasdaq Biotechnology ETF (Symbol: IBB) crossed above their 200 day moving average of $110.25, changing hands as high as $110.74 per share. iShares Nasdaq Biotechnology shares are currently trading up about 4% on the day. The chart