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Analysts See Upside in VYM and Key Holdings

Analysts project an 11.58% upside for Vanguard High Dividend Yield ETF (VYM) based on its holdings. Notable candidates include Glacier Bancorp (GBCI) with 18.29%, Xerox (XRX) at 14.07%, and Stanley Black & Decker (SWK) at 13.96%. Investors should consider future performance implications.

Date: 
AI Rating:   7
Overview of Implied Upside
In the analysis provided, the Vanguard High Dividend Yield ETF (VYM) demonstrates significant implied upside according to analyst targets. Currently trading at $131.88, VYM has an average analyst target price of $147.15, highlighting an upside potential of 11.58%. This suggests analysts are optimistic about the ETF's future performance based on underlying holdings.

Analysis of Notable Holdings
1. **Glacier Bancorp, Inc. (GBCI)**: Recent share price is $48.89, while the average analyst target is $57.83, indicating a potential upside of 18.29%.
2. **Xerox Holdings Corp (XRX)**: Trading at $8.62, with an average target of $9.83, reflects an upside of 14.07%.
3. **Stanley Black & Decker Inc (SWK)**: Recently priced at $88.39, whereas the average target is $100.73, presenting an upside of 13.96%.

These figures suggest that the stocks may still have room for growth as analysts predict they will reach their target prices within the next 12 months.

Investor Considerations
While the optimism reflected in high target prices can be an indicator of future growth, it also poses a risk if analysts do not adjust their expectations in response to market conditions. Investors should engage in additional research to assess whether these analysts' projections align with current company and industry developments.

This report highlights the potential for the underlying holdings within VYM to positively affect the ETF's performance based on analyst expectations.