Goldman Sachs set a price target of $9.00 for WisdomTree
Investments, Inc.(NASDAQ:WETF), suggesting a 42 percent up upside from the
present level.
Irrespective of concerns about ETF price
competition, Goldman said the firm is insulated, differentiated, and positioned
to gain share attractively.
An anticipated AuM growth of +3o percent over the
next three years, with sustainable fee rates yielding margin expansion and 60
percent earnings growth, the company rated a risk/reward.
An ETF innovator with an exempt relief, the
company’s downward risk is covered. The current price at which it is trading is $6.88, a
rise by 8.35 percent.
Motorola mobility, part of Google Inc(NASDAQ:GOOG),
achieved a victory over Microsoft Corporation(NASDAQ:MSFT) in a patent case
before a German court on Friday.
The regional court in Mannheim ruled over the
Microsoft’s lawsuit as to infringement of patents by the company.
The decision of court against Microsoft enables the
application developers to save time and development costs as it avoids writing
of separate codes for each handset.
The court actions in Germany being cheaper and
quicker in comparison to that of other jurisdiction, has become a major
battleground in the global patent war between makers of mobile phones, tablet
computer devices and their operating software.
Microsoft has won three patent cases against
Motorola in Germany.
As its largest accusation ever, Google bought
Motorola mobility last year for $12.5 billion.
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