News 

How The Parts Add Up: FXL Headed For $75

“Although RP has traded at a recent price of $54.11/share, the average analyst target is 29.98% higher at $70.33/share” writes Bnk Invest for nasdaq.com. For the First Trust Technology AlphaDEX Fund ETF (Symbol: FXL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.95 per unit.A high price target relative to a stock’s trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past.With FXL trading…

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News Stocks 

5 Dividend Aristocrats Where Analysts See Capital Gains

“Which means, if the analysts are correct, these are five dividend growth stocks that could produce capital gains in addition to their growing dividend payments” writes Bnk Invest for nasdaq.com. The recent share price, average analyst 12-month target price, and percentage upside to reach the analyst target are presented.The average analyst target price data upon which this article was based, is courtesy of data provided by Zacks Investment Research via Quandl.com.But we here at ETF Channel have looked through the underlying holdings of the SPDR S&P Dividend ETF (which tracks…

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News 

Mylan shares slide 5.5% as CFRA downgrades to sell from hold

“Analyst Colin Scarola said the company’s launch of Wixela and Yupelri, two treatments for chronic obstructive pulmonary disease, are helping offset generic pricing and volume pressures, which he blamed on low-cost foreign producers that are capturing market share in the U.S. “Management is touting its pending combination with Pfizer’s PFE, -0.84% Upjohn unit as a strategy to stabilize its current decline,” the analyst wrote” writes Ciara Linnane for marketwatch.com. “Yet, given Upjohn sales are currently falling at a pace of 28% YoY, we see high risk that the deal will…

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News 

The Implied Analyst 12-Month Target For OSIZ

“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” writes Bnk Invest for nasdaq.com. For the Invesco Russell 1000—Size Factor ETF (Symbol: OSIZ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $31.23 per unit.Although BLUE has traded at a recent price of $82.86/share, the average…

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News 

Analysts Predict 12% Gains Ahead For FXD

“Although QRTEA has traded at a recent price of $9.28/share, the average analyst target is 85.34% higher at $17.20/share” writes Bnk Invest for nasdaq.com. For the First Trust Consumer Discretionary AlphaDEX Fund ETF (Symbol: FXD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $48.80 per unit.With FXD trading at a recent price near $43.51 per unit, that means that analysts see 12.17% upside for this ETF looking through to the average analyst targets of the underlying holdings.A high price target relative…

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News Oil 

Analysts Slam Shell Over Buyback Delay Warning

“Morgan Stanley analyst Martijn Rats said he now assumed the buyback program would be completed a year later than planned” writes Min Read for reuters.com. LONDON (Reuters) – Royal Dutch Shell (RDSa.L) faced a torrent of criticism from analysts on Friday for warning of possible delays to its $25 billion share buyback program, with some saying the move had undermined the credibility of the oil giant’s management.In a call with analysts on Thursday, van Beurden sought to play down the warning, saying Shell still intended to complete the buyback on…

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News 

RWL’s Underlying Holdings Imply 10% Gain Potential

“For the Invesco S&P 500 Revenue ETF (Symbol: RWL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.50 per unit” writes Bnk Invest for nasdaq.com. Although FLIR has traded at a recent price of $51.56/share, the average analyst target is 14.43% higher at $59.00/share.Three of RWL’s underlying holdings with notable upside to their analyst target prices are FLIR Systems, Inc. (Symbol: FLIR), CBRE Group Inc (Symbol: CBRE), and Hess Corp (Symbol: HES).With RWL trading at a recent price near $55.13 per…

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News 

Implied SIZE Analyst Target Price: $101

“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” writes Bnk Invest for nasdaq.com. For the iShares Edge MSCI USA Size Factor ETF (Symbol: SIZE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $100.83 per unit.Similarly, CHRW has 17.30% upside from the recent share price…

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Crypto Markets News 

Bitcoin Price Tests $9K as Analyst Eyes ‘Significant’ Indicator Cross

“Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane” writes William Suberg for cointelegraph.com. Concentrating on the short term, one analyst meanwhile dismissed the idea that Bitcoin coming off its recent highs was a bearish sign.Faring worse in the top twenty was Monero (XMR), which saw 5.3% shaved off its price on Wednesday. Source: cointelegraph.com

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News Stocks 

Here are the biggest analyst calls of the day: FedEx, UPS, Slack & more

“Credit Suisse raised its price target on Facebook ahead of the company’s report and said it saw a return to free cash flow growth in 2020” writes Michael Bloom for cnbc.com. “With 3Q results come management’s expectations for operating expense and capital expenditures for the following year and as we have been expecting for some time, our primary focus is a return to FCF growth in 2020 after a two-year period of investment. Source: cnbc.com

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