NVIDIA (NVDA) Tops Q2 EPS by 16c; Issues Q3 Outlook

Go back to NVIDIA (NVDA) Tops Q2 EPS by 16c; Issues Q3 Outlook

NVIDIA (NVDA) PT Raised to $70 at Canaccord Genuity

August 12, 2016 10:09 AM EDT

Canaccord Genuity analyst Matthew Ramsay reiterated a Buy rating and raised his price target on NVIDIA (NASDAQ: NVDA) to $70.00 (from $67.50).

Ramsay commented, "NVIDIA's record July quarter results soundly beat our expectations and consensus, primarily driven by strong Pascal GPU demand and rapid growth in deep learning datacenter GPU sales to key customers including... More

NVIDIA (NVDA) PT Raised to $71 at UBS Following Strong Qtr and Accelerating Trends

August 12, 2016 8:51 AM EDT

UBS analyst Stephen Chin reiterated a Buy rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $71.00 (from $53.00) following another strong quarter with accelerating trends.

Chin commented, "We reiterate our Buy rating as we remain comfortable NVDA can grow sales over 10% yoy from new... More

NVIDIA (NVDA) PT Raised to $73 at Jefferies Following Strong Results Amid Great Product Cycle

August 12, 2016 6:50 AM EDT

Jefferies analyst Mark Lipacis reiterated a Buy rating and lifted his price target on NVIDIA (NASDAQ: NVDA) to $73.00 (from $69.00) following strong results.

Lipacis commented, "As we previewed, NVDA's JulQ results and OctQ outlook surprised to the upside on the strong launch of... More

RBC Capital Upgrades NVIDIA (NVDA) to Outperform Following Blowout Quarter

August 12, 2016 6:31 AM EDT

RBC Capital upgraded NVIDIA (NASDAQ: NVDA) from Sector Perform to Outperform with a price target of $72.00 (from $47.00) given a blow out quarter (guide as well) and material change in the Data Center story.

Analyst Mitch Steves commented, "We think the NVIDIA story... More