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Fly News Breaks for May 22, 2017
NVDA
May 22, 2017 | 09:03 EDT
BofA/Merrill analyst Vivek Arya raised Nvidia's price target to $155 from $138 and sees a path to $7 per share in earnings. The analyst Google's efforts to expand the scope of its internal TPU chip could be a net positive for Nvidia and doesn't necessarily imply greater competition. Arya said Google has a supportive commitment to Nvidia's next-gen Volta chip as it is a more general purpose for use in other frameworks used by other cloud customers and is more flexible. Further, the analyst said difficult 2H gaming comps are largely reflected in consensus estimates and shares are more sensitive to trends in the growing data center segment. Arya rates Nvidia a Buy and reiterated shares as a top pick.
News For NVDA From the Last 2 Days
NVDA
Apr 19, 2024 | 14:09 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
NVDA
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