LABU’s Holdings Suggest 58% Upside Potential

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The Direxion Daily S&P Biotech Bull 3X Shares ETF (LABU) has an implied analyst target price of $105.45 per unit, indicating a potential upside of 57.51% from its recent trading price of $66.95. This analysis is based on the ETF’s underlying holdings.

Key holdings contributing to this outlook include IDEAYA Biosciences Inc (IDYA), with a potential upside of 122.36% from a recent price of $22.97 to an average target of $51.08; Denali Therapeutics Inc (DNLI), expected to rise 116.89% from $15.00 to $32.53; and Replimune Group Inc (REPL), which could increase by 110.54% from $10.39 to a target of $21.88.

Name Symbol Recent Price Avg. Analyst 12-Mo. Target % Upside to Target
Direxion Daily S&P Biotech Bull 3X Shares ETF LABU $66.95 $105.45 57.51%
IDEAYA Biosciences Inc IDYA $22.97 $51.08 122.36%
Denali Therapeutics Inc DNLI $15.00 $32.53 116.89%
Replimune Group Inc REPL $10.39 $21.88 110.54%

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