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SPY ETF Update, 11/28/2023
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SPY ETF Update, 11/28/2023

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Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.

How is SPY stock faring? The SPDR S&P 500 ETF Trust is down 0.17% in the past 5 days and has risen 20.67% year-to-date.  

According to TipRanks’ unique ETF analyst consensus, determined according to a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $506.39 implies an upside of 11.42%. 

Currently, SPY’s five holdings with the highest upside potential are Bio-Rad Laboratories (BIO), Moderna (MRNA), General Motors (GM), Delta Airlines (DAL), and Warner Bros. Discovery (WBD). Its five holdings with the greatest downside potential are Robert Half International (RHI), Intel (INTC), Expeditors International (EXPD), Whirlpool (WHR), and Seagate Tech (STX)

Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market averages.   

Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.   

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