The Fidelity Low Volatility Factor ETF (FDLO) has an implied analyst target price of $68.97 per unit, indicating a potential upside of 9.52% from its recent trading price of $62.97. This assessment is based on the average analyst 12-month forward target prices of the ETF’s underlying holdings.
Three notable holdings with significant upside potential include Lowe’s Companies Inc (LOW), which has an average target price of $267.76 (19.47% upside from $224.13), Verisign Inc (VRSN) with a target of $317.50 (12.83% upside from $281.39), and EOG Resources, Inc. (EOG) expected to reach $138.14 (12.27% upside from $123.04).
Current analyst targets raise questions about whether these projections are justified or overly optimistic amidst recent market developments.
