Ambrish Srivastava

Shares of Micron Technology, Inc. (NASDAQ: MU) is trading up Wednesday after delivering a top- and bottom-line beat in its fiscal first quarter earnings report. Micron guided its fiscal second quarter notably above Street estimates. Here's how Wall Street reacted.  Citi: Micron Has The...

NVIDIA Corporation (NASDAQ: NVDA), one of the hottest stocks throughout 2016 and 2017, showed in its third-quarter earnings reports few signs of any slowdown in momentum. The Analyst BMO Capital's Ambrish Srivastava upgraded Nvidia's stock from Underperform to Market Perform with a...

Now may be a good time to take a look at Intel Corporation (NASDAQ: INTC), according to a new report from BMO Capital markets. Coming off a hot third quarter that saw a record EPS, BMO upgraded Intel's rating from Market Perform to Outperform and set a new target price of $58. “The single...

NVIDIA Corporation (NASDAQ: NVDA) stock is up nearly tenfold in the past three years. But with the company set to report second-quarter earnings after the market close Thursday, at least one analyst believes the company should be worth about half of its current market value. Nvidia bears have...

Intel Corporation (NASDAQ: INTC)'s earnings beat on Thursday was compelling enough to send the stock higher by more than 1 percent on Friday. But what are Wall Street analysts saying about the stock that is still lower by more than 2 percent since the start of 2017? UBS: Data Center Improving, PC...

The mood is mixed on the prospects of Intel Corporation (NASDAQ: INTC) outperforming its forecasts in the coming quarters, even though the chip maker managed to exceed expectations on the strength of firmer PC demand in the just-completed quarter. Charter Equity Research’s Edward Snyder...

Seeing unfavorable risk/reward opportunities ahead, BMO analyst Ambrish Srivastava downgraded Advanced Micro Devices, Inc. (NASDAQ: AMD) to Market Perform and set a $15 price target. “We believe shares of AMD are fairly valued at current levels and are factoring in a lot of continued...

Ambrish Srivastava of BMO Capital Markets maintains an Outperform rating on Xilinx, Inc. (NASDAQ: XLNX) with a price target boosted from $66 to $71 after attending the company's Analyst Day presentation. According to Srivastava, Xilinx's event on Monday focused on the company's commitment to expand...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is a classic example of "the market giveth, the market taketh away." After soaring more than 10 percent Tuesday, the stock gave up almost of all its gains Wednesday as the company's investor day presentation failed to sustain the buying...

Advanced Micro Devices, Inc. (NASDAQ: AMD)'s disappointing first-quarter report put the company in a position where it needs to win-over investors, at least according to BMO Capital Markets' Ambrish Srivastava. Srivastava maintains an Outperform rating on AMD's stock with an unchanged $15 price...

Advanced Micro Devices, Inc. (NASDAQ: AMD)'s earnings report on Monday sent shares plunging more than 17 percent on Tuesday. Here is a summary of what some of Wall Street's top analysts are saying after the print. Barclays: Company Needs To Smash Estimates Barclays' Blayne Curtis rates...

NVIDIA Corporation (NASDAQ: NVDA), one of 2016's hottest stocks, is now lower by more than 8 percent since the start of 2017 amid competitive and valuation concerns — not to mention Wall Street analysts turning sour on the company's outlook. BMO Capital Markets' Ambrish Srivastava is among...

BMO’s Ambrish Srivastava believes NVIDIA Corporation (NASDAQ: NVDA) shares are overvalued at the current levels, given that “the perfect storm in fundamentals that drove the rarely seen magnitude of earnings upside is ebbing.” The analyst downgraded the rating on the company from...

Ambrish Srivastava of BMO Capital downgraded Qorvo Inc (NASDAQ: QRVO) to Market Perform, citing three quarters of uneven execution and potential share loss to rival Skyworks Solutions Inc (NASDAQ: SWKS). The analyst also expressed doubts whether the Apple Inc. (NASDAQ: AAPL) supplier can meet...

Commenting on NVIDIA Corporation's (NASDAQ: NVDA) third-quarter results, BMO Capital Markets said its fiscal third-quarter earnings and revenues were all well above the guidance. Analyst Takeaways Analyst Ambrish Srivastava noted that the growth came from data centers, gaming and autos. Data...