Citigroup increases its price target $1 to $9.50 on WisdomTree Investments WETF following an upbeat presentation from the company CEO and CFO at Citi's Financial Services Conference.
Citigroup notes, "Discussion was positive around: 1) ETF growth; 2) WETF positioning; 3) product set; and, 4) ST & LT margin potential. WETF remains among our favored small cap and traditional A/M selections. Revised target reflects higher AUM build."
WETF closed at $7.03 yesterday.
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