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Analysts See Upside for DGRO and Underlying Holdings

Analysts project a 17.39% upside for the iShares Core Dividend Growth ETF (DGRO) based on its underlying holdings. The report details target prices for Zions Bancorporation, Ryder System, and ServisFirst Bancshares, suggesting potential gains for investors.

Date: 
AI Rating:   7

The report discusses the iShares Core Dividend Growth ETF (DGRO) and its underlying holdings, presenting significant upside potential based on analyst target prices. The **implied analyst target price** for DGRO is $71.22, indicating a possible upside of 17.39% from its current price of $60.67.

Three notable underlying holdings, Zions Bancorporation (ZION), Ryder System (R), and ServisFirst Bancshares (SFBS), show promising upside. Specifically, ZION is currently priced at $47.00, with an analyst target of $62.61, representing a 33.21% upside. Ryder System, at $136.38, is projected to reach an average target of $167.50, signaling a 22.82% upside. ServisFirst Bancshares, priced at $80.80, has a target of $98.00, suggesting a potential 21.29% upside. These metrics reflect a strong optimistic bias from analysts regarding future stock performance.

While such optimism can lead to target price adjustments, it is essential to consider whether analysts are justified in their projections or potentially overestimating future performance. High target prices compared to the current trading prices suggest a bullish outlook; however, this could also hint at the risk of future downgrades if market conditions do not align with these projections.