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- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
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- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
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- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
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Citi on NVIDIA (NVDA): 'we believe any updates ahead of the earnings call next week will help level set investor expectations'
August 23, 2024 11:57 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "According to its company blog published today (23-Aug-24), ahead of the annual Hot Chips conference next week, NVIDIA is planning to talk Blackwell with new... More
Melius on NVIDIA (NVDA): 'shares could march towards our $160 target pretty quickly'
August 23, 2024 8:02 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "Training Still Strong: Yes, we were concerned when we first heard about issues with the new Blackwell chips in the supply chain and from customers - that included commentary around a 3-month delay due to potential overheating, a design issue and some packaging issues. However, it seems volumes for Blackwell systems can still be quite strong in the April 25 quarter. Our checks right now indicate training of LLMs is still strong at big... More
NVIDIA (NVDA) PT Raised to $150 at Evercore ISI, 'our top Tectonic Shift in Computing pick'
August 23, 2024 5:10 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $145.00) while maintaining a Outperform rating.
The analyst comments "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that... More
Rosenblatt on NVIDIA (NVDA): 'We expect Nvidia to beat and raise its July quarter print'
August 22, 2024 7:15 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "We expect Nvidia to beat and raise its July quarter print and October quarter outlook, with the wildcard being, how constrained the company is for Hopper platforms. The Blackwell ramp is really a 2025... More

