Exploring FTEC: A 15% Growth Opportunity Ahead

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The Fidelity MSCI Information Technology Index ETF (FTEC) has an implied analyst target price of $238.06, indicating a potential upside of 14.70% from its recent trading price of $207.55. This data was derived by comparing the ETF’s underlying holdings against average analyst 12-month forward target prices.

Among FTEC’s underlying stocks, ePlus Inc (PLUS) shows the most significant potential upside of 28.26%, with a target price of $92.00 compared to its recent price of $71.73. Allegro MicroSystems Inc (ALGM) and TTM Technologies Inc (TTMI) also exhibit notable upsides of 25.42% and 23.18%, respectively, with target prices of $37.75 and $56.75. The table below summarizes the current analyst target prices.

Name Symbol Recent Price Avg. Analyst 12-Mo. Target % Upside to Target
Fidelity MSCI Information Technology Index ETF FTEC $207.55 $238.06 14.70%
ePlus Inc PLUS $71.73 $92.00 28.26%
Allegro MicroSystems Inc ALGM $30.10 $37.75 25.42%
TTM Technologies Inc TTMI $46.07 $56.75 23.18%

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