WisdomTree price target raised to $15 from $12 at Craig-Hallum

Craig-Hallum analyst George Sutton raised the firm’s price target on WisdomTree to $15 from $12 and keeps a Buy rating on the shares. The firm notes WisdomTree reported another impressive quarter, and Craig-Hallum believes its multiple growth levers continue to provide investors with a unique opportunity in a space historically dominated by a few big players. While the strong advisory fees were partially due to market appreciation, overall net flows met expectations despite another tough quarter in Europe, the firm adds.