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Tag: Wedbush

Tesla Likely to Report Lower-Than-Expected Deliveries in Q3 Due to Factory Downtime, Wedbush Securities Says

Posted on September 30, 2023 By legume No Comments on Tesla Likely to Report Lower-Than-Expected Deliveries in Q3 Due to Factory Downtime, Wedbush Securities Says

Tesla (TSLA) is likely to report lower Q3 deliveries than previously expected due to the impact of factory downtime, with more downtime likely to come next year, Wedbush Securities said in a note on Friday. The electric vehicle maker is now anticipated to report Q3 deliveries of 440,000 to 445,000 vehicles, down from the previously expected 460,000 to 465,000 vehicles, the investment firm said. Tesla, however, should still see a strong end to the year after a relatively strong China quarter stemming from rising demand, price cuts, and a Model 3 refresh, the investment firm said. Wedbush Securities reiterated an outperform rating, with a price target of $350.

Consumer Discretionary

Wedbush maintains Micron Technology (NASDAQ:MU)$80 price target

Posted on September 22, 2023 By legume No Comments on Wedbush maintains Micron Technology (NASDAQ:MU)$80 price target

Wedbush analyst Matt Bryson reiterates Micron Technology (NASDAQ:MU) with a Outperform and maintains $80 price target.

Technology

Wedbush maintains Microsoft (NASDAQ:MSFT) $400 price target

Posted on September 22, 2023 By legume No Comments on Wedbush maintains Microsoft (NASDAQ:MSFT) $400 price target

Wedbush analyst Daniel Ives reiterates Microsoft (NASDAQ:MSFT) with a Outperform and maintains $400 price target.

Technology

Wedbush Raises Apple’s Price Target to $240 From $230 Due to ‘Impressive’ iPhone 15 Launch Event

Posted on September 14, 2023 By legume No Comments on Wedbush Raises Apple’s Price Target to $240 From $230 Due to ‘Impressive’ iPhone 15 Launch Event

Wedbush raised the price target on Apple (AAPL) to $240 from $230 and retained the outperform rating given its confidence in the success of the iPhone 15 upgrade cycle. In a Wednesday research note, the firm wrote that the overall “impressive” iPhone 15 launch event “lays the groundwork for a major upgrade cycle over the next year that will surprise the Street to the upside.”

Technology

Wedbush maintains Apple (NASDAQ:AAPL) $230 price target

Posted on September 13, 2023 By legume No Comments on Wedbush maintains Apple (NASDAQ:AAPL) $230 price target

Wedbush analyst Daniel Ives reiterates Apple (NASDAQ:AAPL) with a Outperform and maintains $230 price target.

Technology

Wedbush lowers Starbucks (NASDAQ:SBUX) price target from $112 to 105

Posted on September 11, 2023 By legume No Comments on Wedbush lowers Starbucks (NASDAQ:SBUX) price target from $112 to 105

Wedbush analyst Nick Setyan reiterates Starbucks (NASDAQ:SBUX) with a Neutral and lowers the price target from $112 to 105.

Consumer Discretionary

Wedbush maintains Seagate (NASDAQ:STX) $55 price target

Posted on September 6, 2023 By legume No Comments on Wedbush maintains Seagate (NASDAQ:STX) $55 price target

Wedbush analyst Matt Bryson reiterates Seagate Tech Hldgs (NASDAQ:STX) with a Neutral and maintains $55 price target.

Technology

Wedbush maintains Toll Brothers (NYSE:TOL) $73 price target

Posted on August 23, 2023 By legume No Comments on Wedbush maintains Toll Brothers (NYSE:TOL) $73 price target

Wedbush analyst Jay McCanless reiterates Toll Brothers (NYSE:TOL) with a Neutral and maintains $73 price target.

Consumer Discretionary

Wedbush maintains Lowe’s Companies (NYSE:LOW) $230 price target

Posted on August 23, 2023 By legume No Comments on Wedbush maintains Lowe’s Companies (NYSE:LOW) $230 price target

Wedbush analyst Seth Basham reiterates Lowe’s Companies (NYSE:LOW) with a Neutral and maintains $230 price target.

Consumer Discretionary

Wedbush maintains Toll Brothers (NYSE:TOL) $73 price target

Posted on August 18, 2023 By legume No Comments on Wedbush maintains Toll Brothers (NYSE:TOL) $73 price target

Wedbush analyst Jay McCanless reiterates Toll Brothers (NYSE:TOL) with a Neutral and maintains $73 price target.

Consumer Discretionary

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