NVIDIA (NVDA) PT Raised to $71 at UBS Following Strong Qtr and Accelerating Trends
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
NVIDIA (NVDA) PT Raised to $70 at Canaccord Genuity
August 12, 2016 10:09 AM EDTCanaccord Genuity analyst Matthew Ramsay reiterated a Buy rating and raised his price target on NVIDIA (NASDAQ: NVDA) to $70.00 (from $67.50).
Ramsay commented, "NVIDIA's record July quarter results soundly beat our expectations and consensus, primarily driven by strong Pascal GPU demand and rapid growth in deep learning datacenter GPU sales to key customers including... More
NVIDIA (NVDA): Good Enough To Keep The Stock Moving - Nomura
August 12, 2016 8:01 AM EDTNomura Securities analyst, Romit Shah, reiterated his Buy rating on shares of NVIDIA (NASDAQ: NVDA) after the company reported another strong quarter and guide that was materially higher than his estimates and consensus. The analyst believes shares will continue to trade at a... More
Wall St. ends little changed though Nasdaq hits record high close
August 12, 2016 7:39 AM EDTBy Noel Randewich and Caroline Valetkevitch
(Reuters) - The Dow and S&P 500 eased from record highs on Friday as tepid data dampened investor confidence in the economy's expansion, while the Nasdaq inched up to a second straight record high close.
Among the S&P 500's biggest drags was Dow Chemical (NYSE: DOW), which fell 2.4 percent to $52.33, while DuPont (NYSE: DD) declined 1.9 percent to $67.66, a day after European Union regulators opened a full investigation of their $130 billion merger agreement.
The S&P materials index , down 1.2... More
NVIDIA (NVDA) PT Raised to $73 at Jefferies Following Strong Results Amid Great Product Cycle
August 12, 2016 6:50 AM EDTJefferies analyst Mark Lipacis reiterated a Buy rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $73.00 (from $69.00) following strong results.
Lipacis commented, "As we previewed, NVDA's JulQ results and OctQ outlook surprised to the upside on the strong launch of... More
NVIDIA (NVDA): Data Center, Gaming and Autos Delivered - Mizuho
August 12, 2016 6:37 AM EDTMizuho Securities analyst, Vijay Rakesh, reiterated his Buy rating on shares of NVIDIA (NASDAQ: NVDA) and raised his price target to $66 from $60 after the company reported a solid July quarter and guided to a much stronger than consensus September quarter.
The company... More
RBC Capital Upgrades NVIDIA (NVDA) to Outperform Following Blowout Quarter
August 12, 2016 6:31 AM EDTRBC Capital upgraded NVIDIA (NASDAQ: NVDA) from Sector Perform to Outperform with a price target of $72.00 (from $47.00) given a blow out quarter (guide as well) and material change in the Data Center story.
Analyst Mitch Steves commented, "We think the NVIDIA story... More
NVIDIA (NVDA) August weekly volatility elevated at 171 into better than expeceted Q2 EPS
August 12, 2016 5:50 AM EDTNVIDIA (NASDAQ: NVDA) is recently up $1.42 to $61.12 in the premarket after reporting Q2 EPS 53c, compared to consensus 37c. The chip compared reported Q2 revenue $1.43B, consensus $1.35B. August weekly call option implied volatility is at 171, August is at 73, September is at 45; compared to its 52-week range of 26 to 68.
NVIDIA (NVDA) Tops Q2 EPS by 16c; Issues Q3 Outlook
August 11, 2016 4:21 PM EDTNVIDIA (NASDAQ: NVDA) reported Q2 EPS of $0.53, $0.16 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.35 billion.
NVIDIA's outlook for the third quarter of fiscal 2017 is as follows:
Revenue is... More