WisdomTree price target raised to $15 from $12 at Oppenheimer

Oppenheimer raised the firm’s price target on WisdomTree (WT) to $15 from $12 and keeps an Outperform rating on the shares. The firm notes the company enjoyed three solid months of inflows, and it now stands at 69 months of inflows out of the last 106 since AUM bottomed out in 2016. It is this consistency in positive flows in a variety of different macro environments that gives Oppenheimer confidence that the growth isn’t just a fluke, it says.