Midday movers: Nvidia, Deckers rise; Intuit, Workday fall

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Go back to Midday movers: Nvidia, Deckers rise; Intuit, Workday fall

Melius Reiterates Buy Rating on NVIDIA (NVDA), 'Attractive on PE to Growth'

May 28, 2024 6:19 AM EDT

Melius analyst Ben Reitzes reiterated a Buy rating and $1,250.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Attractive on PE to Growth: Even with a decelerating growth rate on huge numbers, Nvidia's next 12-month (NTM) PEG ratio stands at about 1.1 on... More

Edward Jones Reiterates Buy Rating on Intuit (INTU)

May 24, 2024 8:17 AM EDT

Edward Jones analyst Logan Purk reiterated a Buy rating on Intuit (NASDAQ: INTU).

The analyst comments "Leader in Tax-Prep and Business Software - Intuit maintains about a 73% market share in tax-filing software and about a 70% share in business-accounting software. With customer retention rates... More

Tesla (TSLA) cuts Model Y production in Shanghai: Reuters

May 24, 2024 8:09 AM EDT

According to a report from Reuters on Friday, Tesla (NASDAQ: TSLA) has slashed production of its best-selling Model Y electric car at its Shanghai plant since March.

Citing industry data and a source, the publication said the electric vehicle giant has cut production from... More