Silvergate downgraded to underperform at Wedbush on prospects for liquidation after its shuts down its exchange network

Silvergate Capital Corp. SI, +0.87% stock fell 9.7% in premarket trades Monday after the company announced it’s shutting down its crypto currency payments network called the Silvergate Exchange Networ...

Tesla stock suffers longest losing streak since March 2020 after Wedbush slashes price target by 30%

Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand cracks” for the fourth q...

GameStop trends ahead of earnings. But this Wedbush rating spells trouble for the stock

If you love stocks, you already know how much enthusiasm GameStop Corp. (NYSE:GME) elicits. It’s a loved meme stock, and it is easy to see why it trended on social trading networks on Tuesday. The com...

Wedbush Initiates Coverage On Cresco Labs, Curaleaf Holdings With Outperform Ratings

Wedbush analyst Gerald Pascarelli initiated coverage on Cresco Labs Inc (OTC: CRLBF) with an Outperform rating and a price target of $4.50. The company awaits the closing of the Columbia Care (OTC: CC...

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The $4.3 billion contraction in crypto-related deposits was steeper than estimated but not a surprise, Raymond James said in a report, also on Tuesday. The bank’s growth is not dependent on “digital c...

Brace for an 80% crash in AMC shares: Wedbush Securities

AMC Entertainment Holdings Inc (NYSE: AMC) has tanked roughly 60% over the past couple of weeks but the pain is far from over, says Alicia Reese. She’s an Equity Research Analyst at Wedbush Securities...

Wedbush analyst lays out his bull case for the restaurant stocks

Now is a suitable time for investors to start adding restaurant stocks to their portfolio, says Nick Setyan. He’s a Senior Equity Analyst at Wedbush Securities. Restaurant stocks are near a bott...

Should I buy Netflix shares after a positive view from Wedbush?

Netflix,Inc. (NASDAQ: NFLX) shares have weakened from $609 to $162 since the beginning of January 2022, and the current price stands at $186. Investment firm Wedbush has a positive view of the shares ...

Here’s Why Apple Remains Top Pick For Wedbush Amid Odds

Motley Fool Buy Apple Stock for Resiliency During the Tech Sell-Off The stock market has been a circus show in recent history, due to record-high inflation levels, the Fed’s decision to raise in...

Netflix stock price outlook: Wedbush Securities sees a 50% upside

Netflix Inc (NASDAQ: NFLX) has been a nightmare for shareholders this year, but a Wedbush Securities analyst is convinced the stock down 70% year-to-date is now ripe for a significant recovery.  ...

Rivian is a ‘black eye for the EV industry’ but now ‘on the right track’: WedBush

Electric vehicle (EV) startup company Rivian (RIVN) has had a tough year. Since its high in November 2021, the stock has been on a downward trajectory. “Let’s call it like it is: Rivian ha...

Amazon shares lose 26% in 2022 as Wedbush removes stock from their ‘best ideas’ list

Amazon’s (NYSE: AMZN) stock has plummeted 26% since the beginning of 2022 after the company’s retailing and advertising revenues fell short of expectations. On Thursday, April 28, the company released...

Wedbush: buy this restaurant stock ‘that will see cost deflation in 2022’

Better days are coming for Wingstop Inc (NASDAQ: WING) shareholders, says a Wedbush analyst who added the restaurant company to his list of “Best Ideas” on Wednesday.   Nick Setyan as...

Wedbush Names Its Favourite Cybersecurity Stocks Gaining From Growing Cyberattacks

Reuters Crypto firm FTX founder slams crypto industry messaging on Russia sanctions Communications from the cryptocurrency industry around sanctions on Russia have been counterproductive and do not re...

Wedbush Pounds the Table on Sofi Stock

Like many of its peers in the fintech sector, Sofi Technologies (SOFI) stock has been taking a hammering over the past few months. However, that all changed on Wednesday, after the company was granted...