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Fly News Breaks for September 15, 2017
Sep 15, 2017 | 06:55 EDT
After meeting with Nvidia's CEO and CFO, Evercore ISI analyst C.J. Muse said management believes that investors still severely underestimate the impact of Artificial Intelligence and the size of the potential AI market. Meanwhile, he contends that NVIDIA is creating "THE AI computing industry standard" that will be "nearly impossible to replicate." Led by AI in the Data Center and Automotive markets, he sees Nvidia having a clear path to $10 in EPS over the next 3-5 years and raised his price target on the stock to $250 from $180. Muse keeps an Outperform rating on Nvidia shares.
News For NVDA From the Last 2 Days
Dec 9, 2022 | 10:07 EDT
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on... To see the rest of the story go to See Story Here
Dec 9, 2022 | 08:55 EST
Thursday's total option volume of 37.1 million contracts resulted in net open interest growth of 3.32 million calls and 3.33 million puts. Tesla (TSLA), AMC Entertainment (AMC), NVIDIA (NVDA) and Advanced Micro (AMD) saw the greatest growth. Top five new positions opened include 43k Advanced Micro (AMD) Jan-23 65 puts, 30k Nu Holdings (NU) Jan-23 3.5 puts, 29k AMC Entertainment (AMC) Jan-24 8 calls, 25k Devon Energy (DVN) 12/9 weekly 71 puts and 23k Devon Energy (DVN) 12/9 weekly 71 calls.
Dec 8, 2022 | 09:33 EST
Tigress Financial analyst Ivan Feinseth lowered the firm's price target on Nvidia to $250 from $310 and keeps a Buy rating on the shares, citing a re-rating of valuation. His revised target represents a potential return of over 55% from current levels, noted Feinseth, who sees Nvidia's "industry-leading" position in Artificial Intelligence and multiple new products and partnerships enabling it to overcome near-term headwinds and position it for a new business upcycle.