tiprankstipranks
SPY ETF Update, 3/25/2024 
Market News

SPY ETF Update, 3/25/2024 

Story Highlights

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 up 1.12% in the past 5 days and has risen about 33.36% over the past year.  

Don't Miss our Black Friday Offers:

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $564.75 implies an upside of 8.4%.

Currently, SPY’s five holdings with the highest upside potential are Warner Bros. (WBD), Insulet (PODD), First Solar (FSLR), Caesars Entertainment (CZR), and Charter Communications (CHTR). 

Meanwhile, its five holdings with the greatest downside potential are Airbnb (ABNB), Steel Dynamics (STLD), T. Rowe Price (TROW), United Rentals (URI), and Robert Half International (RHI). 

Revealingly, SPY’s ETF Smart Score is seven, implying that this ETF is likely to perform in line with the market.    

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
TheFlyCaesars price target lowered to $57 from $59 at JMP Securities
TheFlyBet On It: Legalized sports gambling measure may face recount in Missouri
TheFlyBet On It: Sportsbooks wary of Q4 outlook following unfavorable outcomes
Go Ad-Free with Our App