Wisdom Tree (WETF +9%) gets a pop from a Goldman upgrade to Conviction Buy this morning. The...
Wisdom Tree (WETF +9%) gets a pop from a Goldman upgrade to Conviction Buy this morning. The firm says the shares have been unduly pressured on rising concerns about ETF price competition, but the company is "insulated, differentiated, and positioned to gain share in an attractive niche." It sees a potential 42% upside for the stock, based on its attractive risk/reward profile, positive AuM growth, and speculative M&A value.
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