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SPY ETF Update, 2/14/2024 –

How is SPY stock faring? The SPDR S&P 500 ETF Trust is down 0.99% in the past 5 days and has risen 23% over the past year.  

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 $552.05 implies an upside of 12%.  

Currently, SPY’s five holdings with the highest upside potential are Newmont Mining (NEM), Moderna (MRNA), Warner Bros (WBD), Schlumberger (SLB), and First Solar (FSLR). Its five holdings with the greatest downside potential are United Rentals (URI), Robert Half International (RHI), Southwest Airlines (LUV), Viatris (VTRS), and Whirlpool (WHR). 

Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.   

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