The VanEck Technology TruSector ETF (TRUT) has an implied analyst target price of $31.60 per unit, representing a 24.08% upside from its recent trading price of $25.47. This data was calculated by comparing the trading prices of underlying holdings against average analyst 12-month forward target prices. The findings highlight notable upside potentials for three major holdings: Intuit Inc (INTU) with an expected 86.45% increase to $735.39, Adobe Inc (ADBE) with 62.28% upside to $420.36, and Workday Inc (WDAY) at 60.65% to $223.49.
As of the latest calculations, the recent prices for these stocks are: INTU at $394.42, ADBE at $259.04, and WDAY at $139.11. Investors are encouraged to assess the validity of these analyst targets in light of recent company and industry trends.
