The XLE stock forecast also factors in geopolitical risk premiums; Middle East unrest recently boosted WTI prices to $84, supporting fund inflows. "We think the Mag Seven is going to become the Lag Seven," Piper Sandler chief market technician Craig Johnson told Yahoo Finance Live earlier this month. “We think we’re off to a good start for the year,” the finance chief said. Analysts revising XLE stock forecast data highlight reduced U.S. rig counts, which often tighten future crude supply, aiding ETF valuation.
