tiprankstipranks
SPY ETF Update, 12/19/2023 
Market News

SPY ETF Update, 12/19/2023 

How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 0.06% in the past 5 days and has risen 25.1% year-to-date.  

Pick the best stocks and maximize your portfolio:

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 $510.12 implies an upside of 8.1%.  

Currently, SPY’s five holdings with the highest upside potential are Bio-Rad Laboratories (BIO), Halliburton (HAL), Moderna (MRNA), United Airlines (UAL), and First Solar (FSLR). Its five holdings with the greatest downside potential are Expeditors International (EXPD), Robert Half International (RHI), Franklin Resources (BEN), United Rentals (URI), 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.    

Disclosure 

Related Articles
TheFlyFranklin Resources price target raised to $21 from $19 at Barclays
Shalu SarafSPY ETF Update, 12/6/2024  
TheFlyIBM benefitted from Leech’s alleged ‘cherry-picking’ fraud, Bloomberg says
Go Ad-Free with Our App