The Wahed FTSE USA Shariah ETF (Symbol: HLAL) has an implied analyst target price of $62.08 per unit, indicating a potential upside of 12.89% from its recent trading price of $54.99 per unit. This analysis is based on the weighted average of the target prices of its underlying holdings.
Key underlying holdings include MicroStrategy Inc. (MSTR), with a target price of $560.38 per share (46.16% upside from $383.41), Avantor Inc. (AVTR) at $15.78 (41.12% upside from $11.18), and Akamai Technologies Inc. (AKAM) with a target of $96.95 (30.17% upside from $74.48).
Investors are encouraged to evaluate whether analyst targets are realistic or overly optimistic in light of recent market developments.
