Analysts Anticipate FTC To Hit $128
- Analyst Target Price Comparison: ETF Channel compared trading prices of holdings in their coverage universe against average analyst 12-month forward target prices to calculate weighted average implied analyst target price for First Trust Large Cap Growth AlphaDEX Fund ETF (Symbol: FTC) at $128.02 per unit.
- Upside Potential: Analysts see 9.61% upside for FTC based on average analyst targets of underlying holdings, with notable upside seen in Apollo Global Management Inc (APO), Fiserv Inc (FI), and Moody's Corp. (MCO).
- Specific Stock Analysis: APO has a 10.30% higher analyst target price than its recent share price, FI has 10.04% upside potential, and MCO is expected to reach a target price 10.02% above its recent price.
- Investor Considerations: Questions raised about whether analysts are justified or overly optimistic in their targets, prompting the need for further investor research to understand if targets align with company and industry developments.
- Disclaimer: Views expressed in the article are those of the author and may not necessarily reflect those of Nasdaq, Inc.
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Analyst Views on FTC
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Significant ETF Withdrawals: FTC, RKLB, VRT, NEM
FTC Share Price Analysis: FTC's share price is currently at $159.81, with a 52-week low of $113.13 and a high of $163.35, indicating a stable position within its trading range.
ETFs Trading Dynamics: ETFs function like stocks, trading in "units" that can be created or destroyed based on investor demand, affecting the underlying assets and market dynamics.
Significant Inflow Recorded for First Trust Large Cap Growth AlphaDEX Fund
FTC Share Price Analysis: FTC's share price is currently at $162.51, close to its 52-week high of $163, with a low of $113.13, indicating a strong performance in the market.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying assets and market flows.
Filtronic Secures New $62.5 Million Deal with SpaceX, Led by Elon Musk
Contract Details: Filtronic has signed a $62.5 million contract with SpaceX, marking its largest order to date.
Product Specification: The contract involves the supply of Filtronic's proprietary gallium nitride E-band product.
Technological Advantage: This new product enhances low-Earth orbit satellite connectivity by delivering more than double the output power compared to their existing gallium arsenide products.
Industry Context: Filtronic is a U.K. defense and aerospace telecom-equipment maker, highlighting its role in advancing satellite communication technology.
Noteworthy ETF Outflows: FTC, SOFI, SMCI, RBLX
FTC Share Price Analysis: The FTC's share price is currently at $153.05, with a 52-week low of $113.13 and a high of $153.67, indicating its performance relative to the 200-day moving average can be useful for technical analysis.
ETFs Trading Dynamics: Exchange-traded funds (ETFs) function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings and potentially impacting individual components within the ETFs.
Noteworthy ETF Inflows: FTC, SOFI, CVNA, CCL
FTC Stock Performance: FTC's stock has a 52-week low of $113.13 and a high of $152.69, with the last trade recorded at $150.50, indicating strong performance relative to its moving average.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying assets when there are significant inflows or outflows.
First Trust Large Cap Growth AlphaDEX Fund (FTC) Shares Cross Above 200 DMA
Stock Performance: FTC's stock has a 52-week low of $113.1309 and a high of $149.1564, with the last trade recorded at $134.22.
Market Insights: The article mentions other ETFs that have recently crossed above their 200-day moving average, indicating potential market trends.
Significant ETF Withdrawals: FTC, RKLB, VRT, NEM
FTC Share Price Analysis: FTC's share price is currently at $159.81, with a 52-week low of $113.13 and a high of $163.35, indicating a stable position within its trading range.
ETFs Trading Dynamics: ETFs function like stocks, trading in "units" that can be created or destroyed based on investor demand, affecting the underlying assets and market dynamics.
Significant Inflow Recorded for First Trust Large Cap Growth AlphaDEX Fund
FTC Share Price Analysis: FTC's share price is currently at $162.51, close to its 52-week high of $163, with a low of $113.13, indicating a strong performance in the market.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying assets and market flows.
Filtronic Secures New $62.5 Million Deal with SpaceX, Led by Elon Musk
Contract Details: Filtronic has signed a $62.5 million contract with SpaceX, marking its largest order to date.
Product Specification: The contract involves the supply of Filtronic's proprietary gallium nitride E-band product.
Technological Advantage: This new product enhances low-Earth orbit satellite connectivity by delivering more than double the output power compared to their existing gallium arsenide products.
Industry Context: Filtronic is a U.K. defense and aerospace telecom-equipment maker, highlighting its role in advancing satellite communication technology.
Noteworthy ETF Outflows: FTC, SOFI, SMCI, RBLX
FTC Share Price Analysis: The FTC's share price is currently at $153.05, with a 52-week low of $113.13 and a high of $153.67, indicating its performance relative to the 200-day moving average can be useful for technical analysis.
ETFs Trading Dynamics: Exchange-traded funds (ETFs) function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings and potentially impacting individual components within the ETFs.
Noteworthy ETF Inflows: FTC, SOFI, CVNA, CCL
FTC Stock Performance: FTC's stock has a 52-week low of $113.13 and a high of $152.69, with the last trade recorded at $150.50, indicating strong performance relative to its moving average.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying assets when there are significant inflows or outflows.
First Trust Large Cap Growth AlphaDEX Fund (FTC) Shares Cross Above 200 DMA
Stock Performance: FTC's stock has a 52-week low of $113.1309 and a high of $149.1564, with the last trade recorded at $134.22.
Market Insights: The article mentions other ETFs that have recently crossed above their 200-day moving average, indicating potential market trends.
