NVIDIA (NVDA) PT Raised to $210 at Citi

September 29, 2017 6:38 AM EDT
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Price: $225.01 --0%

Rating Summary:
    58 Buy, 10 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 11 | New: 25
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Citi raised its price target on NVIDIA (NASDAQ: NVDA) to $210.00 (from $185.00) while maintaining a Buy rating.

Analyst Atif Malik comments that the Street views the company as dominant in training and says the company is "widely perceived as an underdog in inferencing given architecture optionality around the use of CPU, FPGA, and TPU." The analyst notes the increased value for the stock is based on AI Inference opportunity.



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