Wamsi Mohan

Tech giant IBM (NYSE: IBM) reached an agreement to acquire open source cloud software provider Red Hat Inc (NYSE: RHT) for $190 per share in cash, representing a premium of more than 60 percent compared to Red Hat's Friday closing price of $116.68. Once the deal is complete, Red Hat will be...

IBM (NYSE: IBM) dropped more than 7 percent Wednesday after the company released a disappointing Q3 earnings report. Wall Street analysts are mixed on whether or not the sell-off is a buying opportunity for long-term investors. Here’s a sampling of what some analysts had to say about IBM....

Sell-side analysts are anticipating the introduction of three new iPhone models at Apple, Inc. (NASDAQ: APPL)’s “Gather Round” event Wednesday in Cupertino. Here's what analysts from Bank of America Merrill Lynch, Goldman Sachs and UBS have to say ahead of the reveal....

A decline in the share of Apple Inc. (NASDAQ: AAPL) Services revenue contributed by gaming is good news, as it's evidence of diversification, according to Bank of America Merrill Lynch. The Analysts Analyst Wamsi Mohan reiterated a Buy rating on Apple and increased the price target from $...

Apple Inc. (NASDAQ: AAPL) shares were up more than 5 percent after the company released a much better-than-feared fiscal third-quarter earnings report. The stock was trading around $200 per share in mid-day trading Wednesday. Buybacks Making An Impact Deutsche Bank analyst Sherri Scribner said...

Fund ownership of IT hardware stocks is touching historical lows, according to Bank of America Merrill Lynch, which cited its tracker of U.S. large-cap active fund manager holdings.  The Analyst Notwithstanding waning interest among fund managers, BofA's Wamsi Mohan maintained...

Apple Inc. (NASDAQ: AAPL) won Street experts over with the debut of dozens of small service tweaks Monday at the 2018 Worldwide Developers Conference. “Today's software announcements only strengthen Apple's ecosystem, allowing for unique user experiences (such as AR functionality),...

Nutanix Inc (NASDAQ: NTNX) shares plummeted over 7 percent at one point during Thursday’s after-hours session following a third-quarter earnings miss. The company announced Q4 EPS guidance below consensus estimates despite sales guidance that beat expectations.  Shares of Nutanix were...

One of the primary concerns for Apple, Inc. (NASDAQ: AAPL) investors in recent years has been saturation of the global iPhone market, but one analyst said Wednesday that Apple still has plenty of emerging market opportunity.  The Analyst Bank of America Merrill Lynch analyst Wamsi Mohan...

Apple Inc. (NASDAQ: AAPL) shares were up more than 4.5 percent after the company released a much better-than-feared fiscal second-quarter earnings report on Tuesday. The stock was trading around $176.79 Wednesday afternoon. Most major Wall Street firms weighed in on Apple following the big report...

IBM Common Stock (NYSE: IBM) traded lower by 7.5 percent on Wednesday and is on pace for its worst day of trading since 2013. Investors were disappointed with IBM’s sluggish growth numbers and could be throwing in the towel on the tech stock.  Several analysts have weighed in on the...

Following reports that Apple Inc. (NASDAQ: AAPL) is preparing to manufacture the chips used in Mac computers in-house beginning in 2020, Bank of America Merrill Lynch examined the prospects and potential time frame for the planned production shift. The Analyst Analyst Wamsi Mohan...

With Apple Inc. (NASDAQ: AAPL) reporting a 1-percent drop in iPhone shipments in February, one Wall Street analyst asked whether the solution is lower prices.  The Analyst Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple with a $220 price target. The Thesis The three...

NetApp Inc. (NASDAQ: NTAP) earned upgrades from two sell-side analysts who praised the storage and data management name's fundamentals.  NetApp is scheduled to release its third-quarter earnings report Feb. 14 and its analyst day is set for April 5. The Analysts Loop Capital...

Apple Inc. (NASDAQ: AAPL) shares were down 2.7 percent Friday after the company’s first-quarter earnings report received mixed reviews from the market. A number of Wall Street analysts weighed in following the report. Voices From The Street Bank of America analyst Wamsi Mohan said Apple...