Market Overview

UPDATE: Citigroup Reiterates WisdomTree Investments at Buy on Fund Flow

Share:
Related WETF
Top 4 Mid-Cap Stocks In The Asset Management Industry With The Highest ROI
Morgan Stanley's Top Financial Investment Ideas Post Q3 Earnings Includes Several Surprises
What to Expect from Santander Consumer (SC) Earnings? - Analyst Blog (Zacks)

Citigroup maintained WisdomTree Investments (NASDAQ: WETF) at Buy rwith a $9.50 price target.

Citigroup commented, "Pre-market open 12/31, WETF disclosed AUM/flows for the week ended 12/28 (12/27) and we are encouraged by: 1) absolute level of flows (despite the shortened holiday week); 2) general momentum around organic growth as solid 12/27 flows follow a strong W/E 12/21; and, 3) further share gains. 4Q AUM/flows are tracking a bit below our 12/31 forecasts but we are encouraged by the flow reacceleration into YE against likely mixed dynamics for much of our A/M coverage universe."

WisdomTree Investments closed at $5.98 on Friday.

Latest Ratings for WETF

DateFirmActionFromTo
Jan 2015CitigroupMaintainsBuy
Jan 2015Goldman SachsUpgradesNeutralBuy
Dec 2014Piper JaffrayDowngradesOverweightNeutral

View More Analyst Ratings for WETF
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Reiteration Pre-Market Outlook Analyst Ratings

 

Related Articles (WETF)

Around the Web, We're Loving...

Get Benzinga's Newsletters