Wedbush Upgrades ZUMZ To Neutral, $25 PT

Wedbush has issued a report upgrading Zumiez ZUMZ from Underperform to Neutral and has raised the Price Target from $20 to $25 a share. Wedbush writes, “We are upgrading shares of ZUMZ to NEUTRAL from UNDERPERFROM as checks suggest positive selling trends in early April following robust February and March sales results.” ZUMZ closed at $27.40 a share on Friday.