Wells Fargo Securities

Advanced Micro Devices, Inc. (NASDAQ:AMD) reported Tuesday after the close better-than-expected second-quarter results, but the guidance came in light. The AMD Analysts: Bernstein analyst Stacy Rasgon maintained a Market Perform rating and $95 price target for AMD shares. Susquehanna Financial...

Wells Fargo Securities Equity Strategist Anna Han reportedly said the markets have gotten ahead of themselves and a correction may be due. What Happened: "When we think about earnings growth, we see declines this year, we see margin compression this year. I think the market has gotten a little...

Chris Harvey, head of the equity strategy at Wells Fargo Securities, reportedly expects the S&P 500 to see a 10% correction in the next three to six months, dragged by worsening economic conditions. What Happened: "In our view, equity downside will be driven by worsening economic conditions, a...

Following the recent market selloff, Marvell Technology Inc’s (NASDAQ: MRVL) share price shows that a “healthy amount of pessimism” has already been priced in, according to Wells Fargo Securities. The Marvell Technology Analyst: Gary Mobley upgraded Marvell Technology from Equal...

Apple Inc (NASDAQ: AAPL) reported better-than-expected second-quarter earnings and revenues. The sore spot was the warning regarding a $4 billion to $8 billion hit from supply disruptions in the third quarter. The Apple Analysts: KeyBanc Capital Markets analyst Brandon Nispel...

Nvidia Corporation (NASDAQ: NVDA) held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst at Wells Fargo Securities singled out the company's pivot to software as a key takeaway. The Nvidia Analyst: Aaron Rakers has an Overweight rating and a $...

Coupa Software Inc (NASDAQ: COUP) shares are tumbling on Tuesday after the business spend management software provider issued a below-consensus revenue forecast. The Coupa Analysts: Wells Fargo Securities analyst Michael Turrin maintained an Equal Weight rating on Coupa shares and reduced...

NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating fourth-quarter results and issued upbeat guidance for the first quarter. Notwithstanding the better-than-expected earnings report, the stock is pulling back sharply on Thursday. The Nvidia Analysts: Needham analyst Rajvindra Gill...

Microsoft Corporation (NASDAQ: MSFT) shares are advancing strongly following the release of the company's quarterly results. The Microsoft Analysts: Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $352 price target on Microsoft shares. Rosenblatt Securities analyst...

Shares of cloud-based cybersecurity company Zscaler, Inc. (NASDAQ: ZS) offer strong upside potential, according to a Wells Fargo Securities analyst.  The Zscaler Analyst: Andrew Nowinski initiated coverage of Zscaler shares with an Overweight rating and $400 price target, suggesting...

Rivian Automotive, Inc. (NASDAQ: RIVN) released its first quarterly report as a public company late Thursday. Although the third-quarter results were largely in line with expectations, the company's warning of a production shortfall spooked investors. The Rivian Analysts: Wedbush analyst...

Ford Motor Company (NYSE: F) is among the very few legacy automakers that have positioned themselves for a seamless transition into electric vehicles. On Thursday, the shares of the automaker received price target boosts from two sell-side analysts. The Ford Analysts: Wells Fargo Securities...

Following a high-profile initial public offering and heady gains in the first few sessions, Rivian Automotive, Inc. (NASDAQ: RIVN) shares have come off the highs and yet are trading above the IPO price. Following the expiry of IPO quiet period, analysts began initiating coverage of the...

NVIDIA Corporation (NASDAQ: NVDA) announced Wednesday strong quarterly results and guidance, sending the shares of the graphic processor titan up sharply. The Nvidia Analysts: Rosenblatt Securities analyst Hans Mosesmann reiterated a Buy rating and price target of $400. Needham analyst...