Wedbush Securities

Tesla, Inc. (NASDAQ: TSLA) investors missed out on the market bounce off of morning lows Wednesday after the company’s Q4 deliveries number fell short of analyst expectations. Analysts stepped in to defend Tesla’s long-term outlook, but it seems as though the problems that plagued the...

The ongoing trade war between the U.S. and China has been a primary cause of stock market volatility in a disappointing year on Wall Street in 2018. Heading into 2019, there’s no end in sight to the trade war and Wedbush Securities analyst Daniel Ives said Monday that it's a...

Wedbush Securities analyst Michael Pachter joined Benzinga’s PreMarket Prep trading show this week to discuss several topics, including the downturn in video game stocks and several other entertainment-related companies under his coverage. Game Over? Equities have taken a beating over...

Snap Inc (NYSE: SNAP) rocked the camera space this week on news of its quiet acquisition of drone company Ctrl Me Robotics. But the 2016 purchase and implicit shift in focus don’t necessarily warrant concern for GoPro Inc (NASDAQ: GPRO) and other competitive camera firms. Wedbush Analyst's...

Wedbush Securities said the fourth-quarter box office figures appear to be tracking down 5.2 percent year-over-year through December 26 given tough comparisons. Analyst Michael Pachter noted that October collections fell 8.1 percent to $657 million as the month faced a difficult comparison from "...

Wedbush has raised the price targets of specialty finance firms to reflect an increase in valuation multiples accompanying the rally in financials since November 9, impact of higher rates and changes in currency. Commenting on the sector, analyst Henry Coffey Jr. believes a Republican Congress/...

November 4 saw the release of "Call of Duty: Infinite Warfare," one of Activision Blizzard, Inc. (NASDAQ: ATVI)'s flagship titles. The annual release of entries in the first-person shooter franchise usually means big sales for the compnay. So, why are traders feeling so nervous about the stock?...

In a short six months, Activision Blizzard, Inc. (NASDAQ: ATVI)'s team-based shooter game "Overwatch" has taken over the online gaming landscape. Massive Audience Appeal Activision Blizzard is no stranger to finding a massive audience in online gaming. The developer's long-...

Michael Pachter, equity analyst for Wedbush Securities, recently joined PreMarket Prep to share his thoughts on Zynga Inc (NASDAQ: ZNGA). According to Pachter, the battered gaming stock is well worth the risk at its current price. 'Revolving Door' Management “They’re in their fifth year...

The recent business update for the third-quarter from Pier 1 Imports Inc (NYSE: PIR) suggests that the “second quarter may have marked a near-term bottom,” as the company's third quarter traffic and comps have benefited from marketing-led initiatives. Pier 1's Expectations Pier 1...

Wedbush Securities said unless Skechers USA Inc (NYSE: SKX) shows accelerated revenue growth in the United States, earnings improvement and operating leverage would be tough to achieve. Despite generating sales growth internationally, the brokerage said Skechers top-line expansion in the United...

Wedbush Securities has started coverage of Dicks Sporting Goods Inc (NYSE: DKS) with an Outperform rating and $65 target price on competitive strength and solid leadership position. Dick’s Sporting Goods is the largest beneficiary of the bankruptcy of The Sports Authority (TSA), and the...

Wedbush Securities has upgraded shares of The Ultimate Software Group, Inc. (NASDAQ: ULTI) to Outperform from Neutral on the expectation that the company’s initial fiscal 2017 revenue guide will be “surprisingly positive” and will be a strong catalyst for the shares. The company...

Shares of Buffalo Wild Wings (NASDAQ: BWLD) climbed 4 percent in the pre-market hours after its quarterly earnings met the Street view. However, the company’s comps missed the Street's expectations, 2016's EPS guidance was cut and the wing connoisseur guides negative comps for the...

Wedbush downgraded Lowe's Companies, Inc. (NYSE: LOW) to Neutral from Outperform citing limited room for expansion as it believes the best days of housing are likely gone. Citing various data points, the brokerage expects modest slowdown in underlying home improvement sales growth ahead,...