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Tesla Clear Winner In 'Game Of Thrones' Battle Between UAW And Detroit's Big Three, Says Analyst
Friday, September 15, 2023 - 2:18am | 786Read More...The workers affiliated to the United Auto Workers union have gone on strike due to a lack of agreement between the parties by the Thursday, 11: 509 p.m. deadline. Against the backdrop, analysts singled out Tesla, Inc. (NASDAQ:TSLA) as one of the biggest beneficiaries of the standoff between the...
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Intel Analysts Harp On Muted Second Half Outlook Following Stellar Quarter
Friday, January 24, 2020 - 3:20pm | 671Read More...Intel Corporation (NASDAQ: INTC) shares are sharply higher Friday after the company reported strong quarterly results. The Analysts Needham analyst Quinn Bolton maintained a Hold rating on Intel. Wells Fargo Securities analyst Aaron Rakers maintained an Equal-Weight rating and increased the price...
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Analyst: Ultimate Software Executes, But Further Multiple Expansion Unlikely
Wednesday, March 14, 2018 - 3:30pm | 402Read More...Shares of The Ultimate Software Group, Inc. (NASDAQ: ULTI) are up over 25 percent thanks to "strong execution in a healthy demand environment," according to Wedbush, but the research firm is stepping to the sidelines. The Analyst Webush analyst Steve Koenig downgraded shares of...
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Gone 'Til November; Wedbush Goes Neutral On Beazer Homes Until Next Earnings Season
Tuesday, August 8, 2017 - 2:52pm | 274Read More...Wedbush downgraded shares of Beazer Homes USA, Inc. (NYSE: BZH), citing its achieved price target and the lack of near-term catalysts until the next reporting season. Analyst Jay McCanless clarified that at current levels, the shares fairly reflect the product catalyst that was behind his June 15...
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Wedbush: Chipotle Shows First Signs Of Improvement With Preannouncement
Wednesday, January 11, 2017 - 8:42am | 268Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) preannounced Q4 results, indicating improving top-line trends ahead of expectations. “We believe current valuation appropriately reflects an improving top-line trajectory, as well as a shift toward a focus on margins that renders current...
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Is Mixed News Good Enough For FireEye?
Friday, November 4, 2016 - 12:32pm | 379Read More...Shares of FireEye Inc (NASDAQ: FEYE) surged 13 percent as cost cuttings helped the company post a solid earnings beat. But, Wedbush remains on the sidelines on reduced outlook and is waiting for an inflection in revenue and billings growth to become constructive on the name. The brokerage...
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'Pachter Factor' Talks Nintendo, Virtual Reality And Gaming Stocks
Saturday, May 14, 2016 - 5:42pm | 438Read More...Michael Pachter is an analyst at Wedbush who weekly contributes to SIFTD.net about the video gaming world. In response to the prompt "does Nintendo Co., Ltd (ADR) (OTC: NTDOY) have enough resources to survive if the NX sells poorly? Must the NX be a hit for the company?" Michael Pachter responded...
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E3 Day 3: Digital Game Industry Sees Slow Adoption Of VR Technology
Friday, June 19, 2015 - 11:01am | 332Read More...Three big digital game companies expect virtual reality won't have an immediate impact on their business, an analyst said Thursday. Although Facebook Inc (NASDAQ: FB)'s soon-to-launch Occulus Rift virtual reality consumer headset is sure to get lots of attention, Wedbush's Michael...
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UPDATE: Wedbush Upgrades Polypore International
Tuesday, February 25, 2014 - 12:33pm | 135Read More...In a research note released Tuesday, Wedbush upgraded Polypore International (NYSE: PPO) to Outperform from Neutral and has maintained a twelve month price target of $38. Wedbush analyst Craig Irwin has based the upgrade on "attractive valuation, with downside supported by the non-lithium...
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Wedbush Lowers PT on STEC to $7
Wednesday, November 9, 2011 - 8:28am | 26Read More...Wedbush Securities has lowered the price target on STEC (NASDAQ: STEC) from $9 to $7 and maintains its Underperform rating.
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Wedbush Raises CNC PT To $37
Tuesday, April 12, 2011 - 7:20am | 79Read More...Wedbush has raised the Price Target on Centene (NYSE: CNC) from $31 to $37 a share. Wedbush writes, “Our Increased Estimates Reflect our Belief that Utilization and Flu Trends Remain Moderate. We also have confidence in the company's claims clarity and rapid response to outliers and see further...
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Fast Money 360: A Bearish View On RadioShack Corporation (RSH)
Tuesday, July 27, 2010 - 7:21pm | 221Read More...On CNBC's Fast Money 360, Michael Pachter of Webush said that RadioShack Corporation (NYSE: RSH) is overvalued. He thinks that cellphone sales look strong, but all the other concepts of their business is declining. Mr. Pachter thinks that Best Buy (NYSE: BBY) won't buy RadioShack (RSH), and he is a...
