Keefe Bruyette lowered the firm’s price target on Wealthfront (WLTH) to $13.50 from $16.50 and keeps an Outperform rating on the shares. The risk-reward remains attractive, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WLTH:
- WLTH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Wealthfront Finalizes Reorganization, Gains Full Control of Lending
- Fourteen new option listings and one option delisting on February 11th
- Wealthfront Raises Cash Account Yield Amid Asset Growth
- Wealthfront Earnings Call: High-Margin Growth, IPO Firepower