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ETF Analyst Target Prices Indicate Significant Upside Potential

Analysts project a 31.42% upside for the iShares U.S. Small-Cap Equity Factor ETF (SMLF) based on its underlying holdings. Notable upside potential exists for Similarweb Ltd (SMWB), IHS Holding Ltd (IHS), and Cellebrite DI Ltd (CLBT), creating investor interest in these stocks.

Date: 
AI Rating:   7

The report outlines a positive outlook for the iShares U.S. Small-Cap Equity Factor ETF (SMLF), which currently trades at $62.64, with an implied analyst target price of $82.32. This indicates an impressive 31.42% upside potential for the ETF based on the evaluations of its underlying holdings.

Notable Upside Potential in Individual Stocks
In addition to the ETF, the individual stocks of Similarweb Ltd (SMWB), IHS Holding Ltd (IHS), and Cellebrite DI Ltd (CLBT) also exhibit significant upside according to analysts. SMWB is trading at $9.07, but it has an analyst target price of $16.50, which reflects an impressive 81.92% potential increase. Similarly, IHS is at $4.43 with a target of $7.25 (63.66% upside), and CLBT is priced at $18.52, with an analyst target of $27.43 (48.10% upside).

While the considerable upside percentages reflect optimism among analysts, it raises questions regarding their accuracy, particularly if these prices were based on outdated information. Investors should consider whether this optimism may lead to future price target downgrades if the underlying assumptions do not hold.

Overall, the report suggests a strong sentiment regarding the future performance of SMLF and its underlying stocks, making it essential for investors to conduct further research and analyze market conditions closely.