NAIL's Holdings Could Mean 10% Gain Potential
December 05, 2024 at 07:26 AM EST
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 Homebuilders & Supplies Bull 3X Shares ETF (NAIL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $150.09 per unit.