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The Latest Breaking News from Aaron Rakers

AMD Says Data Center Revenue Could Jump 60% Annually from Here. Should You Buy AMD Stock Now?

AMD stock rallies as the chipmaker says its data center revenue will grow by 60% annually through the end of this decade. Wells Fargo sees AMD shares hitting $345 in 2026.

Barchart

How Should You Play NVDA Stock as Nvidia Agrees to China Chip Revenue Deal?

The U.S. government agreed to issue export licenses in exchange for 15% of Nvidia’s H20 sales to China. Wells Fargo says NVDA shares could rally to $220 on the back of this deal.

Barchart

1 Stand-Out Growth Stock to Buy Now for 80% Upside Potential

The Street-high price target suggests Micron has much more room to run.

Barchart

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Up 750% in the Last Year, Can This Growth Stock Go Any Higher?

Despite the AI stock's parabolic ride this year, bullish Wall Street analysts expect SMCI to climb even higher.

Barchart

Is Micron Stock a Buy for 2024?

With a robust start to fiscal 2024, Micron showcased its strategic advancements toward profitability, making Wall Street optimistic about its long-term potential.

Barchart

AMD Q2 Results Beat Expectations, Guidance Disappoints

Analysts maintain mixed ratings as AI chip uptake remains uncertain

Zenger

4 Analyst Takeaways Of Seagate Technology's Q1 Earnings

Seagate Technology Holdings PLC (NASDAQ: STX) reported its quarterly revenue at $2.6 billion, down 13% year-on-year, and non-GAAP profits at $1.59 per share, with both metrics below Street expectations. The company’s projection was $1.90 a share.

Benzinga

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6 Micron Analysts On Q3 Earnings: 'The Reset Was Generally Expected'

Micron Technology, Inc. (NASDAQ: MU) reported third-quarter results after the closing bell on Thursday. Here's what the Street has to say.

Benzinga

Here's Why Wells Fargo Suggested Buying AMD Shares Before Analyst Day

Wells Fargo analyst Aaron Rakers recommended buying shares of Advanced Micro Devices, Inc (NASDAQ: AMD) ahead of this week's Analyst Day.

Benzinga

Here's What Analysts Had To Say About HP Post Q2 Results

Analysts remained cautious about HP Inc (NYSE: HPQ) post Q2 r

Benzinga

7 Nvidia Analysts Break Down Long-Term Story, New Products, Data Center Growth After Q1 Print

Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say.

Benzinga

Here's How Analysts View Nvidia Ahead Of Its Quarterly Results

Wells Fargo analyst Aaron Rakers maintained NVIDIA Corp (NASDAQ: NVDA) with an Overweight

Benzinga

5 AMD Analysts Weigh In On Blowout Q1 Earnings: Why 2 Reduced Price Targets

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported first-quarter earnings after the bell on Tuesday.

Benzinga

Apple Analysts See Production Issues As Transitory, Recommend Buying On Weakness Following Q2 Results

Apple Inc (NASDAQ: AAPL) reported better-than-expected second-quarter earnings and revenues.

Benzinga

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Benzinga

Is Nvidia A Software Play? What This Analyst Sees As 'Software-Only Monetization Opportunities'

Nvidia Corporation (NASDAQ: NVDA) held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst

Benzinga

Why Pure Storage Shares Are Soaring Today

Analysts raised their price targets on Pure Storage Inc (NYSE: PSTG) post a solid Q4 beat. Barclays analyst Tim Long raised the firm's price target on Pure Storage to $39 from $35 (47.3% upside) and kept an Overweight rating on the shares. The company beat Q4 estimates and released better than expected guidance for fiscal 2023, Long…

Benzinga

Here's Why Wells Fargo Bumped Up Apple's Price Target By 24%

Wells Fargo analyst Aaron Rakers raised the price target on Apple Inc (NASDAQ: AAPL) to $205 from $165 and reiterated an Overweight rating on the shares ahead of Apple's earnings on January 27. The price target implies an upside of 24.6%.

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