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Analysts See 25.9% Upside for SPUS ETF Amid Stock Targets

Analysts are optimistic about the SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS), predicting a 25.90% upside from its current trading price of $39.79. The report highlights significant price targets for key holdings including Align Technology (ALGN), AMD, and Devon Energy (DVN).

Date: 
AI Rating:   7

Upside Potential for SPUS ETF
The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has an implied target price of $50.10, indicating a potential upside of 25.90% from the current price of $39.79. This information suggests a favorable outlook for the ETF, as analysts expect its holdings to outpace current valuations.

Key Holdings Performance
Three significant holdings contribute to this optimistic forecast. Align Technology Inc (ALGN) is currently priced at $166.14, with an impressive target price of $261.17 representing a 57.20% increase. This substantial upside indicates strong analyst confidence in ALGN's future performance.

Moreover, Advanced Micro Devices Inc (AMD) is trading at $106.23 with a target price of $147.10—suggesting a potential growth of 38.48%. Lastly, Devon Energy Corp (DVN) trades at $36.05, with an expected target of $48.73, reflecting a strong potential increase of 35.17%.

This analysis does not provide specific data on Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow (FCF), or Return on Equity (ROE). However, the high upside potential relative to market prices indicates that investors may consider these stocks as undervalued compared to future growth expectations.

Investors should weigh these upside potentials against potential market volatility and ensure thorough research before making investment decisions.