BMO Capital analyst Ambrish Srivastava raised his price target on Nvidia to $145 after its Q2 results and Q3 guidance, saying the company's gross margin appears to be recovering sustainably and higher than he projected while operating expenses are tracking lower. The analyst further notes that Nvidia's Gaming segment revenues are normalizing, even though the management's view of a "broad-based recovery" in Data Center looks "disconnected". Srivastava maintains his Market Perform rating on Nvidia and sees the stock as "reasonably valued" at current levels.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Microsoft (MSFT) is scheduled to report results of the third quarter of its fiscal year 2024 after the market close on Thursday, April 25, with a conference call scheduled for 5:30 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here

Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here