NVIDIA (NVDA) PT Raised to $70 at Canaccord Genuity

NVIDIA (NVDA) PT Raised to $71 at UBS Following Strong Qtr and Accelerating Trends

August 12, 2016 8:51 AM EDT

UBS 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): Good Enough To Keep The Stock Moving - Nomura

August 12, 2016 8:01 AM EDT

Nomura 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 EDT

By 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 EDT

Jefferies 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 EDT

Mizuho 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 EDT

RBC 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) Tops Q2 EPS by 16c; Issues Q3 Outlook

August 11, 2016 4:21 PM EDT

NVIDIA (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