Aaron Rakers

Although the long-term prospects of Xilinx, Inc. (NASDAQ: XLNX) seem solid, the current Street estimates for another couple of quarters have more downside risk than upside potential, according to Wells Fargo. The Xilinx Analyst Aaron Rakers initiated coverage of Xilinx with an Equal-Weight rating...

The iPhone is back. Apple Inc. (NASDAQ: AAPL) posted record revenue on a return to strength in sales of its signature smartphone, returning to profit growth in the first quarter after several quarters of slumping sales that had many wondering whether the iPhone had peaked and Apple might need to...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are retreating in reaction to the chipmakers' fourth-quarter results. AMD reported fourth-quarterly earnings of 32 cents per share on Tuesday, which beat the analyst consensus estimate of 31 cents. The company reported quarterly sales of $2....

Intel Corporation (NASDAQ: INTC) shares are sharply higher Friday after the company reported strong quarterly results. The Analysts Needham analyst Quinn Bolton maintained a Hold rating on Intel. Wells Fargo Securities analyst Aaron Rakers maintained an Equal-Weight rating and increased the price...

NVIDIA Corporation (NASDAQ: NVDA) has evolved to become an indomitable force in the gaming sector, while also making strong inroads into several growth areas, prompting an analyst to be positive on the stock. The Analyst Wells Fargo's Aaron Rakers maintained an Overweight rating on Nvidia and...

Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter results that exceeded estimates and suggested the second quarter may mark a bottom in terms of its financial performance. The Analysts Goldman Sachs analyst Mark Delaney reiterated a Buy rating on Micron and raised the price target...

Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday.  The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...

Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported third-quarter results, with fourth-quarter revenue guidance indicated to come in line or below the consensus. The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating and $32 for shares of AMD. (See his track record...

While Apple Inc. (NASDAQ: AAPL) watchers zoned in Cupertino’s new iPhone and Apple TV+ unveil, reaction from analysts was a bit muted, though generally positive, with most saying the company did the expected with upgrades of existing products. One excited exception was for the unexpectedly...

HP Inc (NYSE: HPQ) reported a "quarter of bad news," according to Morgan Stanley. The Analyst Morgan Stanley analyst Katy Huberty maintains an Equal-weight rating on HP with a price target lowered from $23 to $21. Wells Fargo analyst Aaron Rakers maintains at Market Perform, price target...

All-flash data storage hardware and software company Pure Storage Inc (NYSE: PSTG) reported second-quarter results Wednesday that were highlighted by a top-and-bottom line beat and upside to product revenue, billing, and gross margins. While management revised its full-year revenue...

NetApp Inc. (NASDAQ: NTAP) reported fiscal first-quarter results, which beat analyst expectations but NetApp CEO George Kurian acknowledged he's disappointed with the revenue performance -- a sentiment shared by some Street analysts. The Analysts Wells Fargo analyst Aaron Rakers maintains a...

The U.S.-China trade war complicated analysts’ assessments of Cisco Systems, Inc. (NASDAQ: CSCO)’s fourth quarter and outlook, with little consensus emerging on the stock’s near-term future. Cisco reported a slight earnings beat but it came with weaker-than-expected guidance that...

Western Digital Corp (NASDAQ: WDC) reported in-line fourth-quarter earnings and revenues that came slightly shy of estimates. The forecasts for the first quarter also largely met estimates. The Analysts Morgan Stanley's Joseph Moore maintained an Equal-Weight rating on Western Digital but...