The Latest Breaking News from Wedbush

Wedbush analyst Dan Ives rated Apple Inc (NASDAQ: AAPL) as Outperform with a $20

Wedbush analyst Michael Pachter upgraded Logitech International SA (NASDAQ:LOGI) to Outperform from Neutral with a $90 price target, implying an upside of 18.8%. Logitech must still face tough comparisons and a difficult supply chain environment before returning to a premium multiple. Pachter expects shares to quickly return to their five-year historical average multiple or higher…

With the recent swoon in payments/IT services sectors, a longer-term perspective is needed to evaluate the sector. Moshe Katri, the FinTech/Payments/IT Services analyst at Wedbush, offered up this perspective on today’s “Wednesday’s With Wedbush’ segment on PreMarket Prep. 

Wedbush analyst Jay McCanless raised the price target on Cavco Industries Inc (NASDAQ:CVCO) to $315 from $255 and kept a Neutral rating on the shares, implying an 8% upside. The analyst believes demand trends for Cavco continue to be robust, with a stable backlog and pricing power across Cavco's revenue channels. McCanless noted supply chain…

A solid fourth-quarter beat and raised guidance from Advanced Micro Devices, Inc. (NYSE: AMD) after the close on Tuesday is a sign of things to come in the semiconductor sector.

Analysts mostly hailed Visa Inc's (NYSE:V) Q1 FY22 results by raising their price targets on the stock. Raymond James analyst John Davis raised the price target to $281 from $265 (36.3% upside) and maintained an Outperform.  Visa's Q1 print included better than expected results across the board as well as an increased FY22 outlook that should send…

Tesla Inc (NASDAQ: TSLA) investors would turn their attention towards the company’s overall unit growth for the rest of the year amid a lingering semiconductor shortage and plans to add significant capacity with two new gigafactories as it reports quarterly earnings on Wednesday, according to

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.

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.