The First Trust Long/Short Equity ETF (FTLS) has an implied analyst target price of $81.78 per unit, presenting a potential upside of 16.51% from its recent trading price of $70.19. Analysts derive this target by analyzing the underlying assets of the ETF.
Within the ETF’s holdings, notable stocks include Guidewire Software Inc (GWRE), trading at $155.45 with a target of $267.69 (72.20% upside), Flutter Entertainment plc (FLUT) at $184.08 with a target of $294.29 (59.87% upside), and Intuit Inc (INTU) priced at $528.95 with a target of $814.31 (53.95% upside). These figures highlight the significant growth expectations for these companies over the next 12 months.
