As previously reported, Northcoast analyst Keith Housum downgraded WisdomTree (WT) to Neutral from Buy. WisdomTree’s market share in the exchange-traded fund space continues to weaken, as they are now the 15th largest ETF sponsor after being the ninth largest in 2017, notes the analyst. “This quarter’s poor fund flow results was the final straw in our decision to lower our rating and expectations for 2025,” the analyst tells investors.
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Read More on WT:
- WisdomTree downgraded to Neutral from Buy at Northcoast
- WisdomTree price target raised to $11.75 from $11.50 at Morgan Stanley
- WisdomTree has approximately $113.4B in AUM globally as of November-end
- Unusually active option classes on open November 12th
- WisdomTree: Net inflows of $51M driven by U.S. equity products