What are the predictions for SPLG in the next 3 months?

The predictions for SPDR Portfolio S&P 500 ETF (SPLG) in the next 3 months are positive, with analysts expecting a rise in the ETF's price.

1. Short-Term Price Movement: The ETF is expected to rise 10.04% during the next 3 months, with a 90% probability hold a price between $69.95 and $63.01. This suggests that analysts expect a strong upward movement in the short term.
2. Analyst Ratings: The consensus rating for SPLG is "Buy," with 505 Wall Street analysts giving a "Buy" rating and 7 analysts giving a "Sell" rating. This suggests that the overall sentiment is positive.
3. Average Price Target: The average price target for SPLG is $70.41, with a high forecast of $81.20 and a low forecast of $57.58. This indicates that analysts expect the ETF to appreciate in value.
4. Market Sentiment: The ETF has been upgraded from "Hold/Accumulate" to "Buy Candidate" after the recent trading session, indicating a positive outlook.
5. Historical Performance: Over the past 18 years, the ETF has risen higher in 13 of those years, corresponding to a historical accuracy of 72.22%. This suggests that historical performance is positive.

In conclusion, the predictions for SPLG in the next 3 months are generally positive, with analysts expecting a strong upward movement in the ETF's price. Investors should monitor the company's financial performance, market conditions, and any new developments that could impact its stock price.