Bullish Case: With recent steady upticks in FIF's price, resilient monthly distributions, and firm support above its 200-day moving average, FIF shows strong resilience and potential for further gains bolstered by an improving energy sector.


Bearish Case: Portions of FIF's distributions may be a return of capital, signaling potential underlying weakness in income generation. With a flat AI forecast and a high correlation to volatile energy sectors, risks of downturn remain.


Potential Outcomes:

1) Market stability leads to 5% growth: 30%.

2) Energy sector volatility causes 5% decline: 20%.

3) Increased distribution consistency bolsters prices by 10%: 25%.

4) Regulatory changes impact energy income negatively by 12%: 25%.


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April 24, 2024


First Trust Energy Infrastructure Forecast

FIF        First Trust Energy Infrastructure
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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