NVIDIA Stockholder Meeting Set for May 20; Individuals Can Participate Online

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Canaccord Genuity Says to Wait for 'Dust to Settle' Around NVIDIA (NVDA) Following Transformation

May 11, 2015 10:01 AM EDT

Canaccord Genuity maintains their Hold rating on NVIDIA (NASDAQ: NVDA), and lowered the price target to $21.00 (from $23.00). Canaccord is waiting for the dust to settle, following NVDA's transformation from a PC-leveraged GPU supplier to a visualcomputing company. NVDA had a solid April quarter, showing $1.15B in revenue (in-line with $1.16B estimates). Management... More