Wells Fargo Securities

The risk-reward balance for Boeing Co (NYSE: BA) shares has turned positive, according to an analyst at Wells Fargo Securities. The Boeing Analyst: Matthew Akers upgraded Boeing shares from Equal-Weight to Overweight and increased the price target from $224 to $272, suggesting roughly...

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...

Tesla, Inc. (NASDAQ: TSLA) shares advanced strongly Thursday in reaction to the electric vehicle maker's third-quarter earnings beat.  Here is a compilation of sell-side's take on the quarterly results: The Tesla Analysts: BofA Securities analyst John Murphy reiterated a Neutral...

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...

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...

Tesla, Inc. (NASDAQ: TSLA) shares have come off notably from a split-adjusted high of $900.40 in late January. Notwithstanding the sell-off, an analyst at Wells Fargo Securities has a cautious stance on the electric vehicle pioneer. The Tesla Analyst: Colin Langan initiated coverage of...

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...

Illumina, Inc. (NASDAQ: ILMN) announced Monday a deal to buy privately held Grail, which focuses on early detection of multiple cancers, for $8 billion in cash and stock.  The Illumina Analysts: Baird analyst Catherine Ramsey Schulte maintained a Neutral rating on Illumina shares and lowered...

Adobe Inc (NASDAQ: ADBE) reported strong third-quarter results Tuesday. Here's what five analysts had to say after the print.  The Adobe Analysts: BofA Securities analyst Kash Rangan reiterated a Buy rating on Adobe shares with a $570 price target.  BMO Capital Markets...

Reflecting on its May 4 initiation of QUALCOMM, Inc. (NASDAQ: QCOM) shares at Underweight, Wells Fargo Securities said it may have got the rating wrong. The Qualcomm Analyst: Gary Mobley upgraded Qualcomm from Underweight to Equal-Weight and increased the price target from $90 to $120. The...

Cloud-based data analytics company Splunk Inc's (NASDAQ: SPLK) prospects are underappreciated, according to an analyst at Wells Fargo Securities. The Splunk Analyst: Philip Winslow reiterated an Outperform rating on Splunk shares and increased the price target from $205 to $250.  The...

Data engineering and analytics company Cloudera Inc (NYSE: CLDR) surged about 19% on Tuesday following reports of the enterprise software company exploring strategic options. The Cloudera Analysts: Morgan Stanley analyst Sanjit Singh has an Overweight rating and $15 price target for Cloudera....