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The Latest Breaking News from Wedbush

Why This Analyst Sees Apple As A 'Safety Blanket' In This Stormy Market

Wedbush’s Daniel Ives sees strong fundamentals for Apple Inc (NASDAQ: AAPL) in 2022 and termed the company a “safety blanket” in the ongoing market storm.

3 Reasons Why This Analyst Is Downgrading Snap Stock; Including Concerns About TikTok Competition

3 Reasons Why This Analyst Is Downgrading Snap Stock; Including Concerns About TikTok Competition

Multimedia instant messaging app Snap Inc. (NYSE: SNAP) does not evoke enough confidence to stay bullish on its stock, according to an analyst at Wedbush.

Why Snap Shares Are Falling

Why Snap Shares Are Falling

Snap Inc (NYSE: SNAP) shares are trading lower by 6% at $30.20 Monday morning after Wedbush downgraded the stock from Outperform to Neutral and announced a $36 price target.

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Why This Analyst Believes SoFi Technologies Will Disrupt Legacy Consumer Finance

SoFi Technologies Inc (NASDAQ: SOFI) has been generating robust growth and appears poised to grow at a 28% compounded annual rate through 2026, according to Wedbush.

Why The $70B Activision-Microsoft Deal Could Hurt Sony

Wedbush Securities analyst Michael Pachter named Activision Blizzard Inc (NASDAQ: ATVI) his top stock for 2022 at the end of December.

Read How Analysts View Netflix Ahead Of Quarterly Results

Analysts were divided on their opinions on Netflix Inc (NASDAQ:NFLX) ahead of its quarterly results this week. KeyBanc analyst Justin Patterson notes that Netflix's price increase was more significant than anticipated, which he believes implies a 1% lift to his/Street 2022 revenue. Nonetheless, the analyst has unchanged estimates due to the proximity of earnings,…

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