Harsh Kumar

QUALCOMM, Inc. (NASDAQ: QCOM) shares were trading notably higher Thursday after the chipmaker issued a strong quarterly report. The Qualcomm Analyst: BofA analyst Tal Liani reiterated a Buy rating on Qualcomm shares and increased the price target from $165 to $180. Piper Sandler analyst Harsh...

Apple Inc. (NASDAQ: AAPL), the first U.S. company to hit the $2-trillion market cap landmark, is scheduled to report its fiscal year 2020 fourth-quarter results Thursday, Oct. 29, after the market close. Q4 Expectations For Apple: Analysts, on average, estimate Apple to report earnings per share...

Micron Technology, Inc. (NASDAQ: MU) reported strong fourth-quarter results Tuesday, but the stock is losing ground on the Huawei standoff.  The Micron Analysts: KeyBanc Capital Markets analyst Weston Twigg maintained an Overweight rating and $70 price target. Needham analyst Rajvindra Gill...

Lighting company Cree, Inc. (NASDAQ: CREE) reported mixed fiscal fourth-quarter results Tuesday that prompted a selloff in the stock, but two Street analysts see a brighter future. The Cree Analysts: Piper Sandler analyst Harsh Kumar maintains a Neutral rating on Cree's stock with a...

QUALCOMM, Inc. (NASDAQ: QCOM) shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei. The Qualcomm Analysts Rosenblatt Securities analyst Kevin Cassidy maintained a Buy...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading in record territory after the chipmaker reported stellar quarterly results. The AMD Analysts Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on AMD and increased the price target from $60 to $82. Rosenblatt...

A conversation with a Nvidia exec about artificial intelligence revealed dynamics such as an increase in demand driven by the COVID-19 pandemic, according to Piper Sandler.  The Nvidia Analyst: Harsh Kumar maintained an Overweight on Nvidia with a $390 price target.  The Nvidia...

Advanced Micro Devices, Inc. (NASDAQ: AMD) has an “exciting” product portfolio, but the recent rise in the semiconductor company’s share price is keeping Piper Jaffray on the sidelines. The Analyst Harsh Kumar started coverage of Advanced Micro Devices with a Neutral rating...

Qorvo Inc (NASDAQ: QRVO) stock traded higher by 6 percent Wednesday after the company easily beat fiscal fourth-quarter earnings and revenue estimates. Qorvo reported revenue of $681 million, gross margin of 48.2 percent and operating income of $167 million. Qorvo said the fourth quarter was even...

Shares of Nvidia Corporation (NASDAQ: NVDA) are trading at around 33.3 times Piper Jaffray's 2020 estimated non-GAAP EPS, which undervalues the company given multiple catalysts ahead. The Analyst Piper Jaffray's Harsh Kumar initiated coverage of Nvidia with an Overweight rating and $200...

On Tuesday, Stephens issued a company report on Integrated Device Technology Inc (NASDAQ: IDTI) after the company reported fourth-quarter earnings and revenue of $0.35 and $177.6 million, meeting consensus estimates. Currently, analysts at Stephens rate Integrated Device Technology as Overweight...

Cree, Inc. (NASDAQ: CREE) reported in-line earnings and a revenue beat in its most recent quarter. Negative reaction to earnings is likely due to the company’s relatively weak guidance. Wall Street is mixed when it comes to the future for Cree. Wall Street appears to have a mixed view of...