Citi Cuts NVIDIA (NVDA) to Hold Amid Q4 Earnings Report

February 17, 2011 8:01 AM EST
Get Alerts NVDA Hot Sheet
Price: $104.01 -1.09%

Rating Summary:
    24 Buy, 17 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
Trade NVDA Now!
Join SI Premium – FREE
An analyst at Citi downgraded shares of NVIDIA (NASDAQ: NVDA) from Buy to Hold this morning following last night's Q4 results.

The citi analyst cited concerns related to increased competition and a possibility for excess tablet inventory.

NVIDIA shares are indicated about 2.5% lower in pre-market action. The stock last traded at $22.80.

For more ratings news on NVIDIA click here and for the rating history of NVIDIA click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories


Related Entities

Citi, Earnings

Add Your Comment