How The Parts Add Up: FDND Targets $23
April 16, 2024 at 07:03 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 FT Vest Dow Jones Internet & Target Income ETF (FDND), we found that the implied analyst target price for the ETF based upon its underlying holdings is $22.74 per unit.