Ananda Baruah

Update: This article was updated with a correction on Apr. 7, 2024 at 02:13 a.m. (EDT). Apple Inc. (NASDAQ:AAPL) could report a fall in revenue and earnings per share (EPS) in the calendar year 2024 due to declining iPhone sales in China. What Happened: An analyst at Loop Capital, Ananda Baruah,...

After remaining on the sidelines of Apple Inc (NASDAQ: AAPL) for nearly two years, Loop Capital Markets turned bullish Monday on a forecast for strong product and services growth from Cupertino.  The Apple Analyst: Ananda Baruah upgraded Apple from Hold to Buy and increased the price...

Apple Inc. (NASDAQ: AAPL) will be the first company to reach $1 trillion market capitalization if Loop Capital Markets' forecast is correct.  The Analyst Analyst Ananda Baruah maintained a Buy rating on Apple and raised the price target from $195 to $210. The Thesis Apple's...

Hewlett Packard Enterprise Co (NYSE: HPE) is scheduled to report fourth-quarter results Thursday, but Loop Capital Markets isn't waiting for the print to turn bullish on the stock. The Analyst Loop Capital Markets' Ananda Baruah upgraded Hewlett Packard Enterprise's stock rating from...

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...

Xerox Corp (NYSE: XRX) said on Wednesday it has reached a merger agreement with Fujifilm in which the Japanese company will buy Xerox for $6.1 billion and combine the American company into its existing joint venture, Fuji Xerox. But the case for owning Xerox's stock could have been made without...

2017 proved to be a good year for Apple Inc. (NASDAQ: AAPL) investors. The stock gained 50 percent and continues to flirt with its all-time high of $177.20. One Wall Street analyst expects nothing but further upside in the stock in 2018.  The Analyst Loop Capital Markets' Ananda Baruah...

HP Inc (NYSE: HPQ) reported fiscal fourth quarter earnings Tuesday that matched analyst expectations on the EPS line, but came in better than expected on the revenue line. The Analyst Loop Capital Markets' Ananda Baruah maintains a Buy rating on HP's stock with an unchanged $25 price...

Storage and data management company NetApp Inc. (NASDAQ: NTAP) reported forecast-beating second quarter results after the close Wednesday. A non-GAAP EPS of 81 cents and net revenue of $1.42 billion comfortably beat consensus estimates, which called for 69 cents per share in earnings and $1.38...

Apple Inc. (NASDAQ: AAPL) stock jumped 2 percent on Friday to hit new all-time highs after the company reported a fiscal fourth-quarter earnings beat and issued guidance that impressed the market. A number of Wall Street analysts weighed in on Apple following the report. Here’s a rundown of...

Loop Capital Markets said in a note Wednesday that the market hasn't yet fully appreciated the dynamics of Tech Data Corp (NASDAQ: TECD)'s Apple Inc. (NASDAQ: AAPL) relationship. The comments came close on heels of Tech Data's fiscal year second-quarter earnings announcement. The firm has a...

Apple Inc. (NASDAQ: AAPL), which has emerged as a Wall Street darling, sent sell-side into a tipsy with its long-awaited launch of its next iteration of iPhone, code named the iPhone X. Up until now, rumors were flying thick and fast concerning its features, functionalities, pricing, etc....

You really can't please 'em all. Even after posting major beats in both revenue and earnings per share Tuesday, Hewlett Packard Enterprise Co (NYSE: HPE) failed to impress. Bank of America downgraded the stock to Underperform. Loop Capital Markets lowered its price target from $17 to $14.50...

Tech Data Corp (NASDAQ: TECD) shares are taking a severe hit following the release of its July quarter results, which were softer than expected. Even as negativity engulfs the stock, Loop Capital Markets delved on the company's Apple Inc. (NASDAQ: AAPL) relationship, which it feels has yet...

HP Inc (NYSE: HPQ) is getting a lot of love from investors on Thursday, with the stock jumping more than 35 percent following the company’s Q3 earnings report. Wall Street also seems to be aboard the HP train, with both Deutsche Bank and Loop Capital releasing bullish new reports this week....