Breaking Down the Numbers: FENY Projected at $28

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The Fidelity MSCI Energy Index ETF (FENY) has an implied analyst target price of $27.76 per unit, based on its underlying holdings, despite trading recently at $23.45. This indicates an expected upside of 18.36% over the next 12 months.

Notable underlying holdings contributing to this positive outlook include Select Water Solutions Inc (WTTR), with a prospective gain of 73.81% from its recent price of $8.63 to an average target of $15.00; BKV Corp (BKV), which shows a 40.33% potential increase from $20.22 to $28.38; and Gulfport Energy Corp. (GPOR), expected to rise 30.61% from its current price of $172.06 to an average target of $224.73.

Name Symbol Recent Price Avg. Analyst 12-Mo. Target % Upside to Target
Fidelity MSCI Energy Index ETF FENY $23.45 $27.76 18.36%
Select Water Solutions Inc WTTR $8.63 $15.00 73.81%
BKV Corp BKV $20.22 $28.38 40.33%
Gulfport Energy Corp. GPOR $172.06 $224.73 30.61%

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