Aaron Rakers

Nvidia Corporation (NASDAQ: NVDA) shares are trading at record high levels on Thursday. The Nvidia Analyst: Well Fargo Securities analyst Aaron Rakers reiterated an Overweight rating on Nvidia and bumped up the price target from $245 to $320. The Nvidia Thesis: NVIDIA Omniverse is a key enabler/...

Apple Inc. (NASDAQ: AAPL) shares have come under selling pressure after the company's fourth-quarter revenues missed expectations amid supply chain constraints. The Apple Analysts: Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Apple shares and reduced the price target...

Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...

Micron Technology, Inc. (NASDAQ: MU) reported better-than-expected fourth-quarter earnings Tuesday, yet issued weak forward guidance.  The Micron Analysts: Needham analyst Rajvindra Gill maintained a Buy rating and $130 price target for Micron shares. Wells Fargo Securities analyst Aaron...

Following Micron Technology Inc's (NASDAQ: MU) mixed financial results, Wells Fargo analyst Aaron Rakers maintained his long-term bullish outlook on the stock. He also sees upside in NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices Inc (NASDAQ: AMD). What Happened: Micron reported adjusted...

Cisco Systems Inc (NYSE: CSCO) shares traded lower by 0.27% on Thursday (as of press time) after the company held its long-awaited investor day event on Wednesday. At the event, Cisco management said it expects its six core pillars strategy will help the company expand its total addressable market...

Nvidia, Inc. (NASDAQ: NVDA) reported stellar quarterly results Wednesday thanks to strong performances by its data center and gaming businesses. The Nvidia Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Nvidia shares and increased the price target from $250 to $260...

Investors who think of NVIDIA Corp (NASDAQ: NVDA) as a chip stock are missing the point, Ritholtz Wealth Management CEO Josh Brown said Thursday on CNBC's "Fast Money Halftime Report." Nvidia is a platform company, Brown said: "They own the programming language that is going...

Wells Fargo analyst Aaron Rakers expects Apple Inc. (NASDAQ: AAPL) to announce a dividend increase of at least 10% as well as its expand its stock buyback program by $50 billion while reporting its second-quarter results on April 28, Barron’s reported Monday. What Happened: Rakers said in a...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares were retreating Wednesday despite the company's strong quarterly report. The AMD Analysts: Rosenblatt Securities analyst Hans Mosesmann reiterated a Buy rating on AMD and increased the price target from $120 to $135. Wells Fargo...

Nvidia Corporation (NASDAQ: NVDA) reported strong quarterly results and issued above-consensus guidance for the fiscal fourth quarter. The Nvidia Analysts: Needham analyst Rajvindra Gill maintained a Buy rating and $700 price target on Nvidia shares. Mizuho Securities analyst Vijay Rakesh...

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...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares ended Wednesday's session at a record closing high of $58.90, bringing up the total year-to-date gain to 28.4%. The record run has pushed an analyst at Wells Fargo to the sidelines. The AMD Analyst Aaron Rakers downgraded AMD from Overweight to...

NVIDIA Corporation (NASDAQ: NVDA) reported strong fourth-quarter results, sending shares sharply higher in Friday's session. The Nvidia Analysts Wedbush analyst Matthew Bryson reiterated an Outperform rating on Nvidia and lifted the price target from $295 to $311 Needham analyst Rajvindra Gill...

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...