As 2018 shapes up to be a disappointing year for mortgage originations, mortgage application processor Ellie Mae Inc ELLI could struggle to achieve its long-term growth and profitability targets in a maturing sector, according to Wedbush. The Analyst Jason Weaver of Wedbush downgraded Ellie Mae shares from Neutral to Underperform and lowered the stock’s price target from $90 to $69. SourceThere is a breakout of the rising wedge, but it's better to wait for more signals. $ELLI, Ellie Mae, Inc. / D