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Analysts Predict 13.89% Upside for REGL ETF Amid Optimism

Analysts see a 13.89% upside for the ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), trading at $81.09, with targets of $92.35 based on underlying holdings like LECO, OZK, and THO. Investors should consider the viability of these forecasts.

Date: 
AI Rating:   7

ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) shows a potential upside of 13.89%, trading at $81.09 versus an implied analyst target price of $92.35.

Lincoln Electric Holdings, Inc. (LECO) is trading at $193.61, with a target of $235.00, indicating a significant upside of 21.38%. Bank OZK (OZK) reflects an 18.19% upside, trading at $45.69 while the target is $54.00. Thor Industries, Inc. (THO) also showcases strong potential, with a recent price of $95.23 and a target of $110.22, displaying a 15.74% upside.

This analysis highlights positive forecasts based on analyst target prices in the S&P MidCap 400 index. While the upside potential for REGL and its underlying stocks appears attractive, investors must determine whether these targets are achievable or overly optimistic based on market conditions.