Invesco Water Resources ETF T.PHO

Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.

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Invesco Water Resources ETF > Paradigm increases price target to $2.75

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Comment by Neptune3on May 16, 2018 5:29pm

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Post# 28042149

RE:RE:RE:RE:RE:RE:RE:Paradigm increases price target to $2.75

It could but I have my doubts. Profit taking and summer doldrums. But it should be able to push through the 2.60 level after the next good earnings report. One of the key things that we do not know yet is what will be the growth in sales of the new products they have. If these increase in a meaningful way then forward looking Paradigm's target of 2.75 will be too low and the target I saw somewhere at 3 would be more realistic even short term. N3

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