NVIDIA (NVDA) Falls on Downbeat Guidance, Evercore ISI Remains a Buyer as Shares Trade Near an 'Estimated Floor of $150'
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Go back to NVIDIA (NVDA) Falls on Downbeat Guidance, Evercore ISI Remains a Buyer as Shares Trade Near an 'Estimated Floor of $150'
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
May 26, 2022 5:44 AM EDT
WestPark Capital analyst Ruden Roy lowered the price target on NVIDIA (NASDAQ: NVDA) to $240.00 (from $365.00) while maintaining a Buy rating.... More
May 26, 2022 3:49 AM EDT
KeyBanc analyst John Vinh lowered the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $310.00) while maintaining a Overweight rating.... More
May 26, 2022 3:20 AM EDT
Citi analyst Atif Malik lowered the price target on NVIDIA (NASDAQ: NVDA) to $315.00 (from $350.00) while maintaining a Buy rating.... More
May 26, 2022 3:10 AM EDT
(Updated - May 26, 2022 8:28 AM EDT)
Morgan Stanley analyst Joseph Moore lowered the price target on NVIDIA (NASDAQ: NVDA) to $182.00 (from $217.00) after the company reported strong April results, but guided slightly lower, citing regional idiosyncratic weakness mostly in gaming.
The analyst reiterated an... More
May 25, 2022 4:54 PM EDT
With earnings, NVIDIA (NASDAQ: NVDA) announced that on May 23, 2022, the board of directors increased and extended the companys share repurchase program to repurchase additional common stock up to a total of $15 billion through December 2023.
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