UPDATE: Citigroup Raises PT to $9.50 on WisdomTree Investments

Citigroup increases its price target $1 to $9.50 on WisdomTree Investments

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.