Supply glut mars Turing effect for Nvidia shares
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NVIDIA (NVDA) PT Lowered to $250 at Oppenheimer
November 16, 2018 9:41 AM ESTOppenheimer analyst Rick Schafer lowered the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $310.00) while maintaining an Outperform rating.
Schafer commented, "NVDA reported F3Q (Oct.) sales/EPS of $3.18B/$1.84, below consensus $3.24B/$1.93 estimates. More importantly, F4Q(Jan.) outlook of $2.70B significantly... More
NVIDIA (NVDA) PT Lowered to $245 at JPMorgan
November 16, 2018 9:03 AM ESTJPMorgan analyst Harland Sur lowered the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $255.00) while maintaining an Overweight rating.
Sur notes the near-term softness on excess channel inventory but said secular growth in datacenter and gaming is still intact.
... More