NVIDIA (NVDA) PT Raised to $106 at MKM Partners
MKM Partners raised its price target on NVIDIA (NASDAQ: NVDA) to $106.00 (from $100.00) while maintaining a Neutral rating.
Analyst Ruben Roy expects YoY comps to get tougher in H2 2017. He comments that his Neutral rating is predicated upon limited visibility into sustainable growth of data center segments among others and views the risk/reward profile as balanced.
FY 2018 EPS estimate rises from $2.71 to $2.91 and FY 2019 EPS estimate rises from $3.28 to $3.32.
