Wedbush Downgrades Smith & Wesson Holding (SWHC) to Neutral
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Price: $21.08 --0%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 8 | New: 13
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 8 | New: 13
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Intra-day, Wedbush downgraded Smith & Wesson Holding (NASDAQ: SWHC) from Outperform to Neutral and cut its price target from $11 to $9.
The firm states, "decelerating top line momentum and eventual end to firearms demand surge could soon begin to weigh on shares of SWHC, especially given sharp run-up in share price."
For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.
Shares of Smith & Wesson Holding closed at $10.05 yesterday.
The firm states, "decelerating top line momentum and eventual end to firearms demand surge could soon begin to weigh on shares of SWHC, especially given sharp run-up in share price."
For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.
Shares of Smith & Wesson Holding closed at $10.05 yesterday.
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