Wamsi Mohan

IT hardware stocks have dropped following the DeepSeek news. Despite the plunge, BofA Securities analyst Wamsi Mohan likes stocks such as Corning Inc (NYSE:GLW), Hewlett Packard Enterprise Co (NYSE:HPE), Western Digital Corp (NASDAQ:WDC), Seagate Technology Holdings PLC (NASDAQ:STX), IBM (NYSE:IBM...

Apple Inc (NASDAQ:AAPL) beat analysts’ fourth-quarter revenue and earnings estimates, but guidance that came in below estimates has analysts questioning the future outlook after Thursday’s report. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple...

Shares of IBM (NYSE:IBM) tanked in early trading on Thursday, after the company reported downbeat third-quarter revenues. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Morgan Stanley analyst Erik Woodring maintained an Equal-Weight rating,...

Hewlett Packard Enterprise Co (NYSE:HPE), currently in the process of acquiring Juniper Networks for $14 billion, is preparing to host an AI Day on Oct. 10. BofA Securities analyst Wamsi Mohan maintains a Buy rating for Hewlett Packard Enterprise and price target of $24. The company can leverage...

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) climbed in early trading on Tuesday, along with some other stocks. The company is poised to benefit from cost cuts, Juniper-related synergies and AI optionality, according to Bank of America Securities. Analyst Wamsi Mohan upgraded the rating from...

Apple Inc (NASDAQ:AAPL) analysts saw limited details on Apple Intelligence and came away mostly mixed or negative from the Glowtime event held Monday. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating with a $256 price target. Needham analyst Laura Martin reiterated a...

Apple Inc's (NASDAQ:AAPL) iPhone 16 presentation may not be a sell the news item for the company's stock like past Apple events, an analyst said ahead of the highly anticipated Glowtime event.   The Analyst: Bank of America analyst Wamsi Mohan reiterated a Buy rating and $256 price target. The...

IBM (NYSE:IBM) shares were climbing in early trading on Thursday after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On IBM Analyst James Schneider reiterated a Buy rating while raising the...

Bank of America Securities analyst, Wamsi Mohan, has revised his price target for Apple Inc. (NASDAQ:AAPL) upwards to $256 from the previous $230. The adjustment is based on the potential for an upgrade cycle propelled by AI features. What Happened: On Friday, while appearing on CNBC...

Despite some positive developments for Apple Inc (NASDAQ:AAPL) on Thursday, the stock closed the day down nearly 2.5% as investors rotated out of tech stocks. Here’s what you need to know. What To Know: Apple saw positive analyst coverage from Wedbush and BofA on Thursday. Wedbush analyst Dan...

Technology giant Apple Inc (NASDAQ:AAPL) kicked off its Worldwide Developers Conference (WWDC) Monday, highlighting new features for iPads and iPhones and a deeper push to integrate artificial intelligence on products. Here's what analysts are saying after the event. The Apple Analysts: Needham...

Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple...

Apple Inc (NASDAQ: AAPL) is in active discussions with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) for building Google's Gemini AI engine into the iPhone. If Apple can reach an agreement with Google or OpenAI, it could add incremental hardware features in 2025, according to BofA Securities. The...

Shares of IBM (NYSE: IBM) climbed in early trading on Thursday, after the company reported stronger-than-expected results for its fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On IBM Analyst Keith Bachman...

Shares of Apple Inc (NASDAQ: AAPL) have been in focus ahead of the company’s inaugural mixed-reality headset, Vision Pro, hitting stores in February. SensorTower data showed Apple’s App Store revenues growing to $6.7 billion in the first quarter of fiscal 2024, representing 2% year-on-...