Goldman Sachs Starts WisdomTree Investments (WETF) at Buy
Tweet
Share
E-mailGet Alerts WETF Hot Sheet
Price: $5.25 --0%
Rating Summary:
6 Buy, 7 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
6 Buy, 7 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Goldman Sachs initiates coverage on WisdomTree Investments (NASDAQ: WETF) with a Buy and $9 price target, suggesting 40 percent upside.
The firm calls WETF a "rarity in financials," citing growth with ample runway for 30%+ revenue and EBIT growth amid 20% annual industry growth in ETF assets.
Goldman said investors under appreciate and undervalue the company's sector-leading organic growth profile, scalability of the model, and scarcity value in owning the only public pure-play ETF manager.
For an analyst ratings summary and ratings history on WisdomTree Investments click here. For more ratings news on WisdomTree Investments click here.
Shares of WisdomTree Investments closed at $6.44 yesterday.
The firm calls WETF a "rarity in financials," citing growth with ample runway for 30%+ revenue and EBIT growth amid 20% annual industry growth in ETF assets.
Goldman said investors under appreciate and undervalue the company's sector-leading organic growth profile, scalability of the model, and scarcity value in owning the only public pure-play ETF manager.
For an analyst ratings summary and ratings history on WisdomTree Investments click here. For more ratings news on WisdomTree Investments click here.
Shares of WisdomTree Investments closed at $6.44 yesterday.
Create E-mail Alert Related Categories
Hot New Coverage, New CoverageRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
