NVIDIA (NVDA) PT Raised to $340 at BofA Securities After Keynote Highlights New Opportunities
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Nvidia (NVDA) Shares Slip as Wedbush Downgrades to Neutral on Valuation Despite Improving Fundamentals
November 12, 2021 8:02 AM ESTWedbush analyst Matt Bryson downgraded shares of Nvidia (NASDAQ: NVDA) to Neutral from Outperform, citing swollen valuation.
The downgrade is driven by an extremely high multiple (55x Wedbushs 2024 numbers). If the analyst wanted to continue with the Outperform rating, he would need to lift the multiple to x67, which... More
