NVIDIA (NVDA) option IV priced at high end of range into quarter results and outlook

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Go back to NVIDIA (NVDA) option IV priced at high end of range into quarter results and outlook

Benchmark Assumes NVIDIA (NVDA) at Buy, 'Strong Quarter but Weakness in China and Russia not Surprising'

May 26, 2022 7:22 AM EDT

Benchmark analyst Cody Acree assumes coverage on NVIDIA (NASDAQ: NVDA) with a Buy rating and a price target of $228.00.

The analyst comments "We are assuming coverage with a Buy Rating and setting a $228 price target, down from $365. NVDA turned in another strong quarter with record quarterly revenue from Data Center and Gaming both growing solidly QoQ and YoY, offsetting Auto softness on new product transitions and ongoing OEM production headwinds and a sequential decline in Professional Visualization, as... More