How The Pieces Add Up: CLIX Headed For $44
March 23, 2023 at 07:16 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the ProShares Long Online/Short Stores ETF (CLIX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.63 per unit.