WisdomTree price target raised to $17 from $15 at Oppenheimer

Oppenheimer raised the firm’s price target on WisdomTree (WT) to $17 from $15 and keeps an Outperform rating on the shares. The firm notes WisdomTree saw strong Q4 AUM growth of about 30% year/year, exceeding Oppenheimer estimates. Oppenheimer believes WisdomTree still remains undervalued and that investors may see additional upside relative to its raised $17 price target