Wamsi Mohan

Technology giant Apple Inc (NASDAQ: AAPL) unveiled the highly anticipated iPhone 15 and several other product updates at its Wonderlust event on Tuesday. Here are analyst reactions about the event and expectations for Apple stock moving forward. The Apple Analysts: Bank of America analyst...

Apple Inc (NASDAQ: AAPL) unveiled several updates and new products at its 2023 Worldwide Developers Conference (WWDC). Analysts broke down what the items mean for the tech giant's valuation: Goldman Sachs analyst Michael Ng has a Buy rating and price target of $209. Bank of America analyst...

Apple Inc (NASDAQ: AAPL) reported better-than-expected earnings for the second quarter of fiscal year 2023. The stock is up nearly 5% during Friday’s intraday session, and several analysts updated their outlooks on the company following the earnings print. By The Numbers: The company's...

Shares of NetApp Inc. (NASDAQ: NTAP) continued to get hammered in early trading on Thursday, after closing lower on Wednesday. The consensus estimates for the second half of 2024 reflect accelerating growth, which appears too aggressive and likely to be reduced meaningfully, according to BofA...

HP Inc (NYSE: HPQ) announced its fiscal fourth-quarter earnings on Tuesday and indicated it is joining the tech layoff bandwagon to drive cost savings. Morgan Stanley On HP Analyst Erik Woodring maintained an Underweight rating, with a price target of $24. “F4Q results came in...

After a few tech earnings disappointments, traders are looking ahead at Apple Inc. (NASDAQ: AAPL), which is scheduled to release its fiscal year fourth-quarter results on Thursday after the market close. Key Q4 Metrics To Watch Out For: Amid the macroeconomic and geopolitical uncertainties, Apple...

Apple Inc. (NASDAQ: AAPL) has had a rough month after initial iPhone 14 demand appears to have fallen short of expectations. On Monday, Bank of America analyst Wamsi Mohan said investors shouldn't expect iPad sales to save the slumping stock. Near-Term Headwinds: Mohan sent Apple shares...

Apple Inc (NASDAQ: AAPL) shares have taken a beating in the past couple of days after Bank of America downgraded the stock last week. On Monday, Morgan Stanley analyst Erik Woodring said the latest monthly App Store revenue data isn't exactly the good news Apple investors were hoping...

Apple Inc (NASDAQ: AAPL) stock was re-rated by two analyst firms, making nearly mirror opposite adjustments to the Cupertino-based company. What Happened: BofA Securities analyst Wamsi Mohan Downgraded Apple from Buy to Neutral on Thursday and lowered the price target...

Apple Inc. (NASDAQ: AAPL) recently released its latest iPhone 14 models and Bank of America analyst Wamsi Mohan said Wednesday that carrier promotions are making the devices more affordable than shoppers may expect in the inflationary environment. Trade-Ins Bullish For Apple: Mohan said...

During periods of stock market volatility and economic uncertainty, it's reasonable for investors to want to take a more defensive approach with their portfolios. Reliable, dependable and predictable blue-chip stocks with solid balance sheets and profitable businesses can be excellent safe...

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay...

Apple, Inc. (NASDAQ: AAPL) is expected to report its fiscal second-quarter earnings on April 28 after the market close. One analyst has listed three important factors Apple investors should be watching in the Apple earnings report. The Analyst: Bank of America analyst Wamsi Mohan reiterated his Buy...

IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company. On Tuesday, IBM reported first-quarter adjusted EPS of $1.40 on revenue of $14.2 billion. Both numbers topped consensus analyst estimates of...

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year. The Vanguard Value Index Fund ETF (NYSE: VTV) has generated a total return of 13.3% in the past 12 months, compared to just a 1.1% total return for the Vanguard Growth Index Fund ETF (...