By: Benzinga
UPDATE: Wedbush Securities Downgrades Smith & Wesson to Neutral; Recent Surge Fleeting
Wedbush Securities reduced its rating on Smith & Wesson (NASDAQ: SWHC ) from Outperform to Neutral and lowered its price target from $11 to $9. Wedbush Securities commented, "Given our concerns that strong recent firearms demand has pulled forward sales from next year, combined with the co. operating at
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