Sum Up The Parts: FTQI Could Be Worth $22

Core Insights - The First Trust Nasdaq BuyWrite Income ETF (FTQI) has an implied analyst target price of $22.35 per unit, indicating a potential upside of 9.66% from its recent trading price of $20.38 [1][2][3] Summary by Category ETF Performance - FTQI is currently trading at $20.38, with an implied target price of $22.35 based on its underlying holdings [1][3] - The ETF shows a potential upside of 9.66% according to analyst targets [2][3] Underlying Holdings - Ryanair Holdings plc (RYAAY) has a recent price of $58.77, with an average analyst target of $67.25, representing a 14.43% upside [2][3] - TotalEnergies SE (TTE) is trading at $62.20, with a target price of $70.75, indicating a 13.74% upside [2][3] - Liberty Media Corp (FWONK) has a recent price of $98.87, with an average target of $110.07, showing an 11.33% upside [2][3] Analyst Target Justification - Questions arise regarding whether analysts' targets are justified or overly optimistic, considering recent company and industry developments [3]