RBC Capital Upgrades NVIDIA (NVDA) to Outperform Following Blowout Quarter
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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) PT Raised to $71 at UBS Following Strong Qtr and Accelerating Trends
August 12, 2016 8:51 AM EDTUBS analyst Stephen Chin reiterated a Buy rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $71.00 (from $53.00) following another strong quarter with accelerating trends.
Chin commented, "We reiterate our Buy rating as we remain comfortable NVDA can grow sales over 10% yoy from new... 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) 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