Wamsi Mohan

The 2020 Apple Inc. (NASDAQ: AAPL) rally ran out of steam in September ahead of the highly anticipated launch of the iPhone 12. On Tuesday, Bank of America analyst Wamsi Mohan said Apple App Store data suggests a growth slowdown in Apple’s fiscal fourth quarter, but the numbers were still...

BofA Securities named five upcoming catalysts for Apple Inc. (NASDAQ: AAPL) in a new report.  The Apple Analyst: Bank of America analyst Wamsi Mohan maintains a Neutral rating on Apple with a $140 price target.  The Apple Takeaways: “Given the recent reversal in momentum for...

Despite the record run, analysts are unequivocal on further upside for Apple Inc. (NASDAQ: AAPL). BofA Securities analyst Wamsi Mohan reiterated a Neutral rating on Apple, citing balanced risk-reward, but increased the split-adjusted price target from $117.50 to $140. JPMorgan analyst...

Dell Technologies Inc (NYSE: DELL) shares were moving higher Friday after the computing company reported a second-quarter earnings beat.  Dell reported quarterly EPS of $1.92 on revenue of $22.77 billion after the close Thursday. Both numbers beat consensus analyst expectations of $1.39 and $...

From removing “Fortnite” to a potential ban on WeChat in the U..S, there has been a lot of news related to the Apple, Inc. (NASDAQ: AAPL) App Store in recent weeks. Bank of America analyst Wamsi Mohan said Tuesday the safest place for investors to watch the drama unfold is from the...

Despite optimistic expectations concerning the iPhone upgrade cycle, an analyst at BofA Securities prefers to stay on the sidelines of Apple Inc. (NASDAQ: AAPL) due to valuation that has become less attractive. The Apple Analyst: Wamsi Mohan downgraded Apple from Buy to Neutral, but increased the...

PC maker Dell Technologies Inc (NYSE: DELL) confirmed speculation Wednesday regarding plans to spinoff VMware, Inc. (NYSE: VMW), in which it holds an 81% stake, sending Dell shares higher. What Happened: Dell said the spinoff could benefit shareholders of both companies, team members,...

Apple Inc. (NASDAQ: AAPL) investors have had another big year in a difficult environment in 2020, but one Wall Street analyst said Wednesday that things could get even better for Apple in the second half of the year. The Apple Analyst: Bank of America analyst Wamsi Mohan reiterated his Buy rating...

Apple Inc’s (NASDAQ: AAPL) patent applications are indicative of the company’s huge effort in new product development under a broad range of categories, according to BofA Securities. The Apple Analyst: Wamsi Mohan maintained a Buy rating on Apple with a $390 price target.  The...

Although shares of Apple Inc. (NASDAQ: AAPL) Wednesday climbed to close at a new record high of $352.84, its valuation remains inexpensive, according to BofA Securities. The Apple Analyst: Wamsi Mohan maintained a Buy rating on Apple and raised the price target from $340 to $390. The...

Apple Inc. (NASDAQ: AAPL) could confirm its move away from Intel Corporation (NASDAQ: INTC) and unveil its own Mac chips as early as this month at its Worldwide Developer Conference, or WWDC, which is scheduled to virtually this year June 22-26, Bloomberg reported Tuesday. Intel chips...

Apple Inc. (NASDAQ: AAPL) analysts are projecting that Cupertino will weather the coronavirus pandemic and emerge in good shape.  The Apple Analysts BofA Securities analyst Wamsi Mohan reiterated a Buy rating on Apple shares and lifted the price target from $320 to $340. Deutsche Bank...

Apple Inc.'s (NASDAQ: AAPL) fiscal second-quarter results bolstered hopes for a coronavirus recovery. Despite supply chain disruption, store shutdowns and declines in demand, the company’s $58.3 billion revenue and $2.55 bottom line beat first-quarter forecasts of $54.8 billion and $2.24...

BofA Securities recently held a conversation with Elliot Lan, a former Foxconn executive with extensive knowledge of Apple Inc.'s (NASDAQ: AAPL) supply chain. The chat prompted the research firm to maintain a bullish stance on Apple's stock, but lower its price target amid expectations for...

Apple Inc. (NASDAQ: AAPL) shares dropped Tuesday after management trimmed second-quarter outlook to account for coronavirus threats. After a long shutdown, Chinese manufacturing partners have relaunched iPhone production but are ramping slower than expected, leading to short-term global supply...