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Dan Ives, an analyst at Wedbush Securities, wrote in investor note Wednesday that the cloud-computing giant "clearly is seeing headwinds in the field and thus is trying to quickly adjust to a softening demand environment."
Source: https://abc7.com/salesforce-job-cuts-layoffs-employee-headcount-count/12651464/
Dan Ives of Wedbush raises the price target for Microsoft to $425, citing advancements in AI and new custom computing chips.
Dan Ives, tech analyst at Wedbush, said: ‘Apple delivered solid results with services the shining star while iPhone revenues met expectations.
Day One Biopharmaceuticals ( had its price objective reduced by Wedbush from $39.00 to $35.00 in a note issued to investors on Tuesday, reports.
Finally, Wedbush lifted their target price on shares of Chipotle Mexican Grill from $1,800.00 to $2,080.00 and gave the company an “outperform” rating in a research report on Wednesday, February 8th.
Finally, Wedbush raised their target price on shares of Amazon.com from $125.00 to $129.00 in a research report on Friday, April 28th.
Finally, Wedbush reaffirmed a “neutral” rating and issued a $140.00 target price on shares of International Business Machines in a report on Thursday, July 20th.
Finally, Wedbush reiterated an “outperform” rating on shares of Evolent Health in a research report on Thursday, November 16th.
Finally, Wedbush Securities Inc. purchased a new stake in Enphase Energy in the 1st quarter worth about $434,000.
Finally, Wedbush Securities Inc. raised its position in Triton International by 4.4% during the 3rd quarter.
One investment firm known for years as a Netflix bear, Wedbush Securities, has become a bull.
Source: https://deadline.com/2023/01/netflix-q4-earnings-streaming-wall-street-1235226002/
Tesla Poised to Benefit From Musk Stepping Down as Twitter Chief Executive, Wedbush Say.
Wedbush also issued estimates for Brinker International’s FY2025 earnings at $3.81 EPS.
Wedbush began coverage on shares of Okta in a report on Wednesday, December 14th.
Source: https://www.etfdailynews.com/2023/01/16/comerica-bank-makes-new-investment-in-okta-inc-nasdaqokta/
Wedbush boosted their target price on shares of Apple from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 13th.
Wedbush currently has a “Outperform” rating and a $95.00 target price on the stock.
Wedbush cut D.R. Horton from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $104.00 to $96.00 in a report on Wednesday, January 25th.
Wedbush cut shares of Design Therapeutics from an outperform rating to a neutral rating and reduced their target price for the stock from $19.00 to $6.00 in a report on Tuesday, August 15th.
Wedbush cut their price objective on First Foundation from $10.00 to $8.00 in a report on Friday, April 28th.
Wedbush cut their price target on shares of Jack in the Box from $95.00 to $72.00 and set a neutral rating on the stock in a research note on Friday, November 17th.