SPY ETF Update, 12/15/2023 
Market News

SPY ETF Update, 12/15/2023 

How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 2.7% in the past 5 days and has risen 24.9% 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 $508.05 implies an upside of 7.6%.  

Currently, SPY’s five holdings with the highest upside potential are Bio-Rad Laboratories (BIO), Halliburton (HAL), Nvidia (NVDA), United Airlines (UAL), and Firben st Solar (FSLR). Its five holdings with the greatest downside potential are Zions Bancorporation National Association (ZION), Robert Half International (RHI), Franklin Resources (BEN), United Rentals (URI), and Norwegian Cruise Line (NCLH). 

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
TipRanks Auto-Generated NewsdeskFranklin Resources Reports Fourth Quarter Earnings and Strategic Growth
TheFlyNvidia to replace Intel on DJIA, Berkshire reports Q3 results: Morning Buzz
TheFlyFranklin Resources CEO says CFTC probing Western Asset trades
Go Ad-Free with Our App