Sum Up The Pieces: PILL Could Be Worth $10
April 25, 2024 at 08:47 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 Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $9.50 per unit.