Sterne Agee Upgrades Waddell & Reed To Buy
Analysts at Sterne Agee upgraded Waddell & Reed Financial (NYSE: WDR) from “neutral” to “buy.”
The target price for Waddell & Reed Financial has been raised from $79 to $80.
Waddell & Reed shares have surged 36.95% over the past 52 weeks, while the S&P 500 index has gained 19.69% in the same period.
Waddell & Reed's shares fell 1.45% to close at $63.31 yesterday.
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