Analysts See Upside Potential for DWAS and Key Holdings

Analysts project a notable 12.63% upside for the Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) based on its holdings. Key companies Pitney Bowes (PBI), Corcept Therapeutics (CORT), and Archer Aviation (ACHR) show significant potential upside according to their target prices.

Date: 16-01-2025

AI Rating: 7

Implied Analyst Target Price and Upside Potential

The report highlights the implied analyst target price for the Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) at $102.83 per unit, which presents a 12.63% upside from its recent trading price of $91.30. This outlook indicates a generally positive sentiment from analysts regarding the future performance of the ETF.

Individual Holdings Analysis

Focusing on the underlying holdings of DWAS, three specific stocks have been identified with considerable upside potential. Pitney Bowes Inc (PBI), trading at $7.28, is forecasted to increase by 106.04% to reach an average target price of $15.00. This substantial expected growth suggests strong confidence from analysts in PBI's future performance.

Corcept Therapeutics Inc (CORT) presents a 39.27% potential increase from its recent price of $53.78 towards an average target price of $74.90. The analysts appear to have a favorable outlook on CORT as well, which could reflect positively on the ETF.

Lastly, Archer Aviation Inc (ACHR) is positioned for a 25.14% upside, moving from its current trading price of $8.79 to an anticipated $11.00 per share. This expectation contributes to the overall bullish sentiment surrounding the ETF's holdings.

Investor Sentiment and Research

The stark contrasts between the current trading prices and the analysts' target prices for these individual stocks may generate investor interest. While optimism is evident, the report cautions that these targets could be overly ambitious and may lead to future downgrades if the market does not align with analyst expectations. Therefore, investors are encouraged to conduct further research before acting on these projections.

Stocks: DWAS PBI CORT ACHR