Source: Financial News Network - on September 21, 2012
Wet Seal (NASDAQ:WTSLA) was upgraded from Neutral to Buy at Roth Capital today. The stock closed yesterday at $3.12 on volume of 392,000 shares, below average daily volume of 974,000. Wet Seal (NASDAQ:WTSLA) is currently priced 4.2% above its average consensus analyst price target of $2.98. The stock should find resistance at its 200-day moving average (MA) of $3.19, as well as support at its 50-day MA of $2.95.