GMP Securities reaffirmed their buy rating on shares of ProShares UltraShort Russell2000 (NYSEARCA:TWM) in a research report sent to investors on Tuesday, April 30th, AnalystRatings.com reports. The firm currently has a $2.00 target price on the stock.
Separately, CIBC increased their price target on shares of ProShares UltraShort Russell2000 from $2.00 to $2.10 in a research note on Tuesday, January 15th.
TWM stock opened at $15.49 on Tuesday. ProShares UltraShort Russell2000 has a fifty-two week low of $13.00 and a fifty-two week high of $23.55.
ProShares UltraShort Russell2000 Company Profile
ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
See Also: Federal Reserve
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