Wedbush Securities

The company was on top of the world. Now it's on the cusp of bankruptcy, an asset shakeup, or some other development that will undoubtedly change the face of the BlackBerry maker. It all started with the simple announcement that Research in Motion (NASDAQ: RIMM) had hired a couple of banks to "...

Wedbush Securities has published a research report on Facebook (NASDAQ: FB) commenting on the stock performance since the highly anticipated IPO. In the report, Wedbush writes, "According to Bloomberg, the computer systems used by NASDAQ to set the stock's opening price were overwhelmed by order...

Listed below are today's Top Upgrades at Benzinga: Wedbush Securities Upgrades Jack in the Box (NASDAQ: JACK) to Neutral: Wedbush said, "We are raising JACK to NEUTRAL from UNDERPERFORM. We believe JACK is positioned to benefit from a recent easing in industry-wide price-centric competition, as...

Wedbush Securities has published a research report on Alere (NYSE: ALR) upgrading the stock from Neutral to Outperform after the company's latest 8-K showed FDA progress. In the report, Wedbush writes, "Shares of ALR are off 18% on the last two weeks versus a 3% decline in both the S&P 500 and...

Activision Blizzard was filled with excitement this morning when it announced that Diablo 3 had become the fastest-selling PC game of all time. But the company failed to realize that Diablo 3's success could come at the expense of its former cash cow, World of Warcraft. "The numbers were pretty...

In a report published earlier today, Wedbush Securities Inc. reiterated its Neutral rating for Williams-Sonoma, Inc. (NYSE: WSM) and raised its price target from $35.00 to $37.00. Wedbush went on to say “Although encouraged by plans to further differentiate the core W-S brand and new leadership,...

In a report published earlier today, Wedbush Securities Inc. reiterated its Outperform rating for PetSmart, Inc. (NASDAQ: PETM) and raised its price target from $64.00 to $70.00. Wedbush said it made its decisions “as we believe PetSmart is the best-positioned specialty pet retailer with a strong...

In a report published earlier today, Wedbush Securities Inc. reiterated its Outperform rating and $44.00 price target for Facebook, Inc. (NASDAQ: FB). Wedbush went on to say “Underwriter support likely kept Facebook shares trading at or above the offering price. We believe a substantial increase...

Wedbush Securities has published a research report on Smith & Wesson (NASDAQ: SWHC) after the company showed tight inventories which may lead to market share gains. In the report, Wedbush writes, "Likely driven by surging demand in the U.S. firearms industry YTD, Smith & Wesson...

In a report published earlier today, Wedbush Securities Inc. maintained its Neutral rating for ViaSat, Inc. (NASDAQ: VSAT), but slightly lowered its price target from $43.00 to $42.00. Wedbush went on to say “In our view, ViaSat reported a slightly weaker-than-expected 4Q12. Revenues were better...