Wedbush Maintains Neutral on Zumiez

Wedbush is out with its report today on Zumiez

, maintaining Neutral. In its report, Wedbush writes, "On conservative Q3 guidance highlighting moderated sales trends and margin deterioration, we maintain our NEUTRAL rating." Wedbush maintains a $21 PT on ZUMZ. At the time of posting, shares of ZUMZ were trading pre-market at $17.15, down 7.25% from Wednesday's close.