Hedge fund Elliott says AI is 'overhyped', Nvidia stock 'a bubble'
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New Street Research Upgrades NVIDIA (NVDA) to Buy
August 6, 2024 9:07 AM EDT(Updated - August 6, 2024 9:12 AM EDT)
New Street Research analyst Pierre Ferragu upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $120.00.
The analyst comments "Since the peak of June, Nvidias stock has pulled back by 26%, underperforming most... More
Rosenblatt Defending NVIDIA (NVDA)
August 6, 2024 6:59 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "NVDA shares are under pressure due to continued rumors of a several-month delay in Blackwell B200 GPUs due to an undisclosed silicon flaw.... More
DA Davidson Reiterates Neutral Rating on NVIDIA (NVDA), PT $900
August 5, 2024 6:13 AM EDTDA Davidson analyst Gil Luria reiterated a Neutral rating and $900.00 price target on NVIDIA (NASDAQ: NVDA). Yes that is $900, the firm still has yet to adjust for the stock split.
The analyst comments "We believe the reported delays in Blackwell deliveries are... More
Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA), PT $135
August 5, 2024 5:40 AM EDTGoldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $135.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "
The Information reported over the weekend that Nvidias next-generation products based on the Blackwell architecture could be delayed by at... More
Citi Removes 30-Day Upside Catalyst Watch on NVIDIA (NVDA)
August 5, 2024 5:00 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Following news1 that NVIDIA is likely to have its Blackwell chips delayed by 3 months, we cut our Jan-Q Blackwell GPU units forecast. Given strong AI demand, we foresee some customers increasing their demand of H100/H200 which should help... More
