U.S. gun shares extend gains after strong Smith & Wesson earnings

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Wedbush Remains sidelined on Smith & Wesson (SWHC) Following Solid 4Q Earnings Report

June 17, 2016 8:43 AM EDT

Wedbush maintained a Neutral rating and $23.00 price target on Smith & Wesson Holding (NASDAQ: SWHC) following the company's 4Q earnings report. SWHC reported non-GAAP EPS of $0.66, compared to the Streets estimate of $0.54 and $0.51-$0.53 guidance. Revenue came in at $211M, marginally better than the Streets... More