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NVDA

NVIDIA

$68.52

1.12 (1.66%)

08:09
10/03/16
10/03
08:09
10/03/16
08:09

NVIDIA price target raised to $80 from $72 at BofA/Merrill

BofA/Merrill analyst Vivek Arya raised NVIDIA's price target to $80 from $72 following checks. The analyst said its survey indicates NVIDIA is maintaining an 80% share with its GTX 1060 card with 70% higher content versus last year, Deep Learning could drive upside as emerging applications take hold, and the company has potential $4 in earnings power over the next 3-4 years, higher than his previous $3 estimate. Arya rates NVIDIA a Buy and a top pick.

  • 14

    Nov

NVDA NVIDIA
$68.52

1.12 (1.66%)

09/15/16
MKMP
09/15/16
NO CHANGE
MKMP
AMD, NVIDIA benefiting from GPU launches, says MKM Partners
MKM Partners analyst Ian Ing says that both AMD (AMD) and NVIDIA (NVDA) are benefiting from their recent GPU launches, as both GPUs are continuing to attract "premium pricing," according to the analyst. The analyst adds that AMD's progress towards net income profitability has accelerated. He keeps Buy ratings on both stocks.
09/19/16
RHCO
09/19/16
INITIATION
Target $59
RHCO
Neutral
NVIDIA initiated with a Neutral at SunTrust
SunTrust analyst William Stein initiated NVIDIA with a Neutral and a $59 price target saying shares are failry valued.
09/20/16
SUSQ
09/20/16
INITIATION
Target $66
SUSQ
Neutral
NVIDIA initiated with a Neutral at Susquehanna
Susquehanna analyst Christopher Rolland initiated NVIDIA with a Neutral and a $66 price target due to valuation.
09/20/16
RHCO
09/20/16
INITIATION
RHCO
Neutral
NVIDIA initiated at SunTrust
As noted earlier, SunTrust initiated NVIDIA with a Neutral rating. Analyst William Stein thinks the stock will be boosted over the long-term by the proliferation of workload acceleration and artificial intelligence in data centers and automobiles. However, he thinks that the company's revenue growth appears to be peaking, as the outlook for its professional visualization, OEM, and IP end markets is negative, according to the analyst. He says that these end markets represent 22% of its sales.

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