The Invesco S&P MidCap 400 Revenue ETF (RWK) has a weighted average implied analyst target price of $133.38 per unit, which represents an 11.43% upside from its recent trading price of $119.70. Analysts see upside potential for three underlying holdings: Taylor Morrison Home Corp (TMHC), Blackbaud, Inc. (BLKB), and Hancock Whitney Corp (HWC). The average analyst target price for TMHC is $71.44, or 14.90% higher than its recent price of $62.18. BLKB's average target price is $70.60, or 12.78% higher than its recent price of $62.60. HWC's average target price is $65.50, or 12.50% higher than its recent price of $58.22.
Investors are taking note of the significant upside potential seen by analysts for the Invesco S&P MidCap 400 Revenue ETF (RWK). The ETF, which tracks the performance of mid-cap companies with strong revenue growth, has a weighted average implied analyst target price of $133.38 per unit. This represents an 11.43% upside from its recent trading price of $119.70 [1].
Analysts are optimistic about the underlying holdings of RWK, particularly Taylor Morrison Home Corp (TMHC), Blackbaud, Inc. (BLKB), and Hancock Whitney Corp (HWC). The average analyst target price for TMHC is $71.44, which is 14.90% higher than its recent price of $62.18. Similarly, BLKB's average target price is $70.60, or 12.78% higher than its recent price of $62.60. HWC's average target price is $65.50, representing a 12.50% increase from its recent price of $58.22 [1].
These targets suggest that analysts are bullish on the growth prospects of these companies. However, it is crucial for investors to conduct further research to determine if these targets are justified. A high price target relative to a stock's trading price can reflect optimism about the future, but it can also indicate a potential for target price downgrades if the targets are outdated [1].
Investors should also consider the broader market conditions and the companies' recent financial performance. While the ETF and its underlying holdings have shown potential for growth, investors should remain cautious and monitor upcoming earnings reports and market conditions that could impact the trajectory of these companies [2].
References:
[1] https://www.theonlineinvestor.com/article/202507/look-under-the-hood-rwk-has-11-upside-rwk-tmhc-blkb-hwc-RWK07162025target.htm
[2] https://www.directorstalkinterviews.com/blackbaud-inc-blkb-stock-analysis-unveiling-a-7-82-potential-upside-in-the-tech-sector/4121206916
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