NVIDIA (NVDA) Upside Crimped Over Gaming Caution Despite Impressive Results and Guidance
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NVIDIA (NVDA) PT Raised to $720 at Susquehanna
May 27, 2021 6:55 AM EDTSusquehanna analyst Christopher Rolland raised the price target on NVIDIA (NASDAQ: NVDA) to $720.00 (from $700.00) while maintaining a Positive rating.
The analyst commented, "After the close on Wednesday, NVIDIA offered yet another beat-and-raise quarter, helped broadly by almost every major market segment. Gaming was once again the star of the show, beating our expectations by nearly $100 million, while posting astounding +106% growth year-on-year. Gaming is clearly hitting on all cylinders right now, and we would expect strength to persist for the foreseeable future as the company appears... More
