Oppenheimer analyst Chris Kotowski maintained a Buy rating on WisdomTree (WT – Research Report) today and set a price target of $11.00. The company’s shares closed yesterday at $6.97.
Kotowski covers the Financial sector, focusing on stocks such as Bank of America, JPMorgan Chase & Co., and Morgan Stanley. According to TipRanks, Kotowski has an average return of 17.8% and a 66.73% success rate on recommended stocks.
WisdomTree has an analyst consensus of Moderate Buy, with a price target consensus of $8.63, representing a 23.82% upside. In a report released on December 28, Northcoast Research also upgraded the stock to a Buy with a $9.00 price target.
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The company has a one-year high of $7.51 and a one-year low of $5.41. Currently, WisdomTree has an average volume of 1.23M.
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WisdomTree (WT) Company Description:
WisdomTree Investments, Inc. operates as an asset management company that focuses on Exchange Traded Products (ETPs). It distributes ETPs within the asset management industry, including brokerage firms, registered investment advisors, institutional investors, private wealth managers and discount brokers. The company was founded by Jonathan L. Steinberg on October 1, 1988 and is headquartered in New York, NY.
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