Just noticed something interesting about TRUT and the analyst targets on some of its top holdings. The VanEck Technology TruSector ETF seems to have meaningful upside if these analyst calls play out over the next year.



So TRUT was trading around $25.47, but analysts are targeting $31.60 on average - that's roughly 24% upside based on the underlying positions. What caught my eye were three specific names driving a lot of that potential. Intuit is sitting way below where analysts think it should be, with targets suggesting 86% upside from around $394. Adobe's in a similar boat with 62% potential upside from $259, and Workday's analysts are expecting it to climb 60% from current levels near $139.

The question is whether these targets are realistic or if analysts are just being optimistic. Sometimes big gaps between current price and 12-month targets can signal real opportunity, but they can also mean targets are outdated if the companies haven't delivered. Either way, TRUT's positioning in tech means it's worth watching if these underlying calls start playing out. Definitely warrants some deeper digging before making any moves though.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin