Krish Sankar

In a report published Monday, Bank of America analyst Krish Sankar reiterated a Buy rating on Lam Research Corporation (NASDAQ: LRCX), and raised the price target from $80.00 to $92.00. In the report, Bank of America noted, “We think Lam is likely to outperform its peers this cycle due to its...

In a report published Friday, Bank of America analyst Krish Sankar reiterated a Buy rating on Applied Materials, Inc. (NASDAQ: AMAT), and raised the price target from $25.00 to $26.00. In the report, Bank of America noted, “AMAT reported October Q rev/EPS of $2.26bn/$0.27; in line with our estimate...

First Solar, Inc.'s (NASDAQ: FSLR) decision to refrain from spinning out assets in a so-called yieldco disappointed investors Friday but analysts called it a sound long-term plan. The Tempe, Arizona-based solar electric plant maker's shares fell 11 percent Friday, trading recently at $...

In a report published Wednesday, Bank of America analyst Krish Sankar reiterated an Underperform rating on Cree, Inc. (NASDAQ: CREE), but lowered the price target from $30.00 to $28.00. In the report, Bank of America noted, “Cree reported 1FQ14 (Sept quarter) revenue in line with diminished...

In a report published Wednesday, Bank of America analyst Krish Sankar upgraded the rating on Applied Materials, Inc. (NASDAQ: AMAT) from Neutral to Buy, and reiterated the $25.00 price target. In the report, Bank of America noted, “We are upgrading AMAT to a Buy from Neutral and maintain our $25 PO...

In a report published Wednesday, Bank of America analyst Krish Sankar reiterated a Buy rating and $95.00 price target on SolarCity Corp. (NASDAQ: SCTY). In the report, Bank of America noted, “SolarCity introduced MyPower, a no-money down solar financing plan that enables system ownership for...

In a report published Thursday, Bank of America analyst Krish Sankar downgraded the rating on Enphase Energy Inc (NASDAQ: ENPH) from Buy to Neutral, but raised the price target from $13.00 to $16.00. In the report, Bank of America noted, “We are downgrading Enphase to Neutral (from Buy). A well-...

In a report published Tuesday, Bank of America analyst Krish Sankar reiterated a Buy rating and $95.00 price target on SolarCity Corp (NASDAQ: SCTY). In the report, Bank of America noted, “Late last week, SolarCity priced a $500M convert due November 2019 at 1.625%. Beyond generic use of proceeds...

Bank of America weighed in on Cree’s (NASDAQ: CREE) fourth quarter earnings report. Bank of America currently has an Underperform rating and $30 price target on Cree. “The stock’s multiple has compressed from over 30x forward earnings to the mid-20s over the last few months (...

In a report published Tuesday, Bank of America analyst Krish Sankar reiterated a Buy rating on Tessera Technologies (NASDAQ: TSRA), and raised the price target from $28.00 to $33.00. In the report, Bank of America noted, “TSRA reported June quarter (F2Q14) revenue/non-GAAP EPS of $37M/$0.19higher...

In a report published Thursday, Bank of America analyst Krish Sankar reiterated a Neutral rating on Veeco Instruments (NASDAQ: VECO), but lowered the price target from $45.00 to $43.00. In the report, Bank of America noted, “VECO reported 2Q14 rev/non-GAAP LPS of $95M/($0.16) compared to our...

In a report published Wednesday, Bank of America analyst Krish Sankar reiterated a Buy rating on KLA-Tencor (NASDAQ: KLAC), and raised the price target from $75.00 to $86.00. In the report, Bank of America noted, “KLA is the leader in semiconductor inspection and measurement equipment. It is the...

In a report published Wednesday, Bank of America analyst Krish Sankar reiterated a Buy rating on Lam Research (NASDAQ: LRCX), and raised the price target from $67.00 to $80.00. In the report, Bank of America noted, “LRCX held an analyst day at Semicon West yesterday. The management tightened the...

In a report published Tuesday, Bank of America analyst Krish Sankar reiterated a Neutral rating on Applied Materials (NASDAQ: AMAT), and raised the price target from $23.00 to $25.00. In the report, Bank of America noted, “AMAT held an analyst day at Semicon West in San Francisco yesterday. While...

In a report published Monday, Bank of America analyst Krish Sankar upgraded the rating on Ultratech (NASDAQ: UTEK) from Neutral to Buy. In the report, Bank of America noted, “We are upgrading Ultratech from Neutral to Buy. While we do not expect any near-term catalysts, the three main reasons for...