UPDATE: Wedbush Securities Terminates Coverage on Teavana Holdings

In a report published Wednesday, Wedbush Securities terminated its coverage on Teavana Holdings (NYSE: TEA ). Wedbush Securities noted, “We are dropping coverage of Teavana Holdings (TEA) due to acquisition by Starbucks (SBUX). Effective upon termination of coverage, the last recommendation (NEUTRAL), estimates and price target issued for the company