ETF Channel: Analysts Expect IGM to Reach $133, Par Tech, Aviat Networks, and Vertex Inc. to Hit Targets

Analysts expect the iShares Expanded Tech Sector ETF (IGM) to reach $133, with a 13.02% upside from its recent price of $117.25. The ETF's underlying holdings, including Par Technology Corp., Aviat Networks, Inc., and Vertex Inc., also have significant upside potential to their analyst target prices.

Analysts have expressed optimism about the iShares Expanded Tech Sector ETF (IGM), predicting a significant increase in its value. According to recent reports, analysts expect IGM to reach $133, representing a 13.02% upside from its current price of $117.25 [2]. This positive outlook is driven by the strong performance of the ETF's underlying holdings, which include Par Technology Corp. (PAR), Aviat Networks, Inc. (AVNW), and Vertex Inc. (VERX) [2].

Among the ETF's holdings, Par Technology Corp. is expected to rise to $81.00 per share, a 58.45% increase from its recent price of $51.12 [2]. Similarly, Aviat Networks, Inc. is forecasted to reach $34.50 per share, a 50.26% increase from its recent price of $22.96 [2]. Vertex Inc. is also anticipated to climb to $37.69 per share, a 45.98% increase from its recent price of $25.82 [2].

In addition to the analyst predictions, the ETF has experienced notable inflows, with a week-over-week increase of approximately $968.2 million, representing a 12.7% increase in outstanding units [1]. This significant inflow suggests strong investor interest in the technology sector, driven by the performance of the ETF's holdings.

Overall, the positive analyst predictions and recent inflows indicate a favorable outlook for the iShares Expanded Tech Sector ETF. However, investors should conduct their own research to determine if these predictions align with their investment strategies.

References:
[1] https://www.nasdaq.com/articles/igm-pltr-csco-intu-large-inflows-detected-etf
[2] https://www.nasdaq.com/articles/analysts-expect-igm-will-reach-133