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Analysts Project Upside for DVY and Key Holdings

Analysts expect positive movement for the iShares Select Dividend ETF (DVY), projecting a 12.75% upside from its current price. Key holdings like Whirlpool Corp (WHR), First Horizon Corp (FHN), and United Bankshares Inc (UBSI) also show significant potential based on analyst target prices.

Date: 
AI Rating:   7

Implied Upside in DVY and Holdings
The report highlights the favorable outlook for the iShares Select Dividend ETF (DVY), which is currently trading at $132.98, with analysts suggesting a target price of $149.94. This indicates a potential upside of 12.75%, which could positively influence investor sentiment and stock prices if that target is achieved.

Key Holdings Performance
Among DVY's underlying holdings, Whirlpool Corp (WHR) has a notable upside of 21.41%, with a recent trading price of $93.90 and an average analyst target of $114.00. First Horizon Corp (FHN) also demonstrates solid potential with a 20.90% upside from a recent price of $19.23, targeting $23.25. Furthermore, United Bankshares Inc (UBSI) shows a 20.35% increase projected from its recent price of $35.23 to a target of $42.40. This growth potential is significant, suggesting that there may be strong market interest in these stocks based on the analysts’ predictions.

However, the report raises questions regarding whether the analysts' targets are justified or are overly optimistic. A substantial gap between the current trading price and the analyst target could be seen as a signal for potential price adjustments down the line, depending on how these companies perform in the short term amidst industry developments. This aspect urges investors to conduct further research before making investment decisions.