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Booking Holdings Shares Boosted By Q4 Guidance: The Sell-Side Reacts
Tuesday, November 6, 2018 - 4:33pm | 521Read More...Booking Holdings Inc (NASDAQ: BKNG) shares are soaring despite the online travel agency reporting a third-quarter earnings miss Monday. The company posted Q3 earnings of $37.78 per share, missing estimates by 39 cents. Sales were in-line with consensus estimates at $4.8 billion. The...
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Why American Outdoors Guidance Was Much Better Than Expected
Friday, August 31, 2018 - 1:57pm | 461Read More...American Outdoor Brands Corp (NASDAQ: AOBC) stock skyrocketed 39 percent Friday after the company shocked Wall Street and reported a big second-quarter earnings beat and raised its full-year guidance. Many investors had been bracing for a guidance cut after FBI NICS firearm sales data in June and...
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Wedbush Steps Out Of Six Flags Line, Says Cedar Fair Results Signal Sector Weakness
Friday, July 20, 2018 - 9:52am | 438Read More...Last week, Cedar Point amusement park parent company Cedar Fair, L.P. (NYSE: FUN) reported year-over-year declines in revenue and attendance through the July 4 holiday weekend. The read-through is negative for Six Flags Entertainment Corp (NYSE: SIX), according to Wedbush. The...
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Survey: Gun Owners Not Convinced They Own Enough Guns, Triggering An Upgrade For American Outdoor Brands
Monday, September 25, 2017 - 2:53pm | 368Read More...Analysts at Wedbush turned bullish on American Outdoor Brands Corp (NASDAQ: AOBC) after conducting a proprietary consumer survey and checks with distributors. The firm's James Hardiman upgrades American Outdoor's stock rating from Neutral to Outperform with a price target boosted from $16 to $19. A...
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Gun Stocks Sell Off: Trump, Republican Congress And Supreme Court Justices Near-Term Negative For Industry
Wednesday, November 9, 2016 - 11:27am | 490Read More...Gun stocks are under pressure Wednesday, with the likes of Sturm Ruger & Company Inc (NYSE: RGR), Smith & Wesson Holding Corp (NASDAQ: SWHC), TASER International, Inc. (NASDAQ: TASR) and Digital Ally, Inc. (NASDAQ: DGLY) all bearing the brunt of the selling generated by the Presidential...
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Wedbush Downgrades Smith & Wesson, Difficult To Discern How Much Gun Sales Are Incremental Or Pulled-Forward
Wednesday, January 6, 2016 - 8:59am | 350Read More...Shares of Smith & Wesson Holding Corp (NASDAQ: SWHC) have surged 172.78 percent over the past year, rising to a high of $25.86 on Monday. Wedbush’s James Hardiman has downgraded the rating on the company from Outperform to Neutral, while raising the price target from $24 to $26...
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Wedbush Downgrades Polaris, Concerned About 'Lackluster' ORV Business
Tuesday, November 17, 2015 - 9:16am | 278Read More...Shares of Polaris Industries Inc. (NYSE: PII) have declined 30.25 percent year-to-date, touching a low of $105.49 on Monday. Wedbush’s James Hardiman has downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $156 to $117. Hardiman...
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Why Harley-Davidson's Quarter Was So Ugly
Tuesday, October 20, 2015 - 11:40am | 368Read More...Harley-Davidson Inc (NYSE: HOG) shares are tanking on Tuesday following a big earnings miss. The company once again lowered its guidance and announced it is increasing product development. Wedbush maintains its Neutral rating and $57 price target for Harley. Harley-Davidson shares...
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This Ban Could Jeopardize SeaWorld's Blue World Project
Sunday, October 11, 2015 - 11:33am | 324Read More...SeaWorld Entertainment Inc (NYSE: SEAS) shares are down 9 percent since April 10, and lost 5 percent on October 9. Wedbush’s James Hardiman maintained a Neutral rating on the company, with a price target of $21. The possible ban on orca what breeding could jeopardize the company...
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Wedbush Says Buy The Dip In Power Sports
Wednesday, September 30, 2015 - 9:01am | 522Read More...Brunswick Corporation (NYSE: BC) shares have lost 6 percent since August 31, while shares of Polaris Industries Inc. (NYSE: PII) are down 10 percent. Wedbush’s James Hardiman maintained an Outperform rating on both the companies. Following the sell-off in the leisure space, Hardiman...
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HOG's A Hog: Why Harley-Davidson Is An Uncertain Investment
Monday, September 14, 2015 - 9:54am | 322Read More...Harley-Davidson Inc (NYSE: HOG) shares have been treading a downward path after touching a high of over $70 in December 2014. Wedbush’s James Hardiman maintained a Neutral rating on the company with a price target of $57. Although the company’s stock is cheap, Hardiman...
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Harley-Davidson 2015 Estimates Cut By Wedbush, But 2016 Figures Raised
Monday, July 20, 2015 - 8:25am | 301Read More...In a report published Monday, Wedbush analyst James Hardiman maintained a Neutral rating and price target of $57 on Harley-Davidson Inc (NYSE: HOG). The company is expected to revise its guidance down for the second consecutive quarter, following the lackluster retail results for Q2. Dealer...
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Wedbush Downgrades Harley-Davidson On 'Underwhelming' April/May Demand
Thursday, June 11, 2015 - 7:52am | 199Read More...In a report published Thursday, Wedbush analyst James Hardiman downgraded the rating on Harley-Davidson, Inc. (NYSE: HOG) from Outperform to Neutral, while lowering the price target from $74 to $57. April/May checks indicate that the improvement in demand was "underwhelming," despite improved...
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Wedbush Securities Believes Better Constant-Currency Yield Outlook Nearly Offsets Incremental F/X Headwind For Carnival
Monday, March 30, 2015 - 7:23am | 92Read More...In a report published Monday, Wedbush Securities analyst James Hardiman reiterated a Neutral rating and $52.00 price target on Carnival Corporation (NYSE: CCL). In the report, Wedbush Securities noted, "Friday morning, Carnival reported 1Q15 non-GAAP EPS of $0.20, which was $0.11 better than the...
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Wedbush Puts Norwegian Cruise Line On Top
Friday, March 20, 2015 - 1:03pm | 370Read More...Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) is the current best buy for investors choosing among the cruise names, an analyst said Friday. Wedbush analyst James Hardiman cited the company's relatively young fleet, its recent $3 billion acquisition of the premium-priced Prestige...
