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The iShares Expanded Tech-Software Sector ETF (IGV) has an implied analyst target price of $131.06, indicating a potential upside of 16.77% from its recent trading price of $112.24. This analysis is based on the performance of IGV’s underlying holdings, identified by ETF Channel.
Key stocks contributing to this upside include Sprinklr Inc (CXM), trading at $7.71 with an average target of $10.00 (29.70% upside); Workiva Inc (WK), currently at $75.62 with a target of $94.40 (24.83% upside); and Confluent Inc (CFLT), trading at $20.01 with a target of $24.87 (24.27% upside).
Investors are encouraged to assess whether these analyst targets are justified amidst recent developments in these companies and the tech sector.
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