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Alphabet Downgraded, Target Cut To $700: Wedbush Fears 'The Four Horsemen Of The Search Apocalypse'
Tuesday, September 27, 2016 - 4:54pm | 253Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) traded down about 1 percent (or $7.20 per share) in Tuesday’s after-hours session, after Wedbush downgraded the stock from Neutral to Underperform, trimming their 12-month price target from $800 to $700. According to analysts James Dix and Aria...
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What The Street Thinks Of Google Ahead Of Earnings
Thursday, April 23, 2015 - 10:32am | 549Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $530 price target Shyam Patil and James Dix wrote: "While we believe there are...
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Wedbush Warns Of Decelerating Trends At Google
Wednesday, April 1, 2015 - 9:09am | 191Wedbush issued a company note on Google Inc (NASDAQ: GOOG) on Wednesday after its SEM conference call with top industry analysts. Wedbush rates Google as Neutral with a $530 price target. Analysts Shyam Patil and James Dix wrote, "Overall, commentary from the SEMs seems to suggest deceleration in...
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UPDATE: Wedbush Initiates 21st Century Fox with Outperform Following FY2013 Results
Monday, July 1, 2013 - 11:32am | 132In a report published Monday, Wedbush analyst James Dix initiated coverage on 21st Century Fox (NASDAQ: FOXA) with an Outperform rating and $31.00 price target. In the report, Wedbush noted, “With this report, we initiate coverage with an OUTPERFORM rating and provide our estimates and price...
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Strengthening New Business And Margin Improvement To Boost Interpublic Group (IPG), Expect 24% Upside
Thursday, December 31, 2009 - 12:39pm | 107Wedbush (Analyst: James Dix) has upgraded Interpublic Group (NYSE: IPG) to outperform and revised the price target 63% to $9 per share. The expected upside in Interpublic Group is based on the belief that the company should be able to return to peer organic growth in 2010-11, on the strength of new...