Sunday, 19 November, 2017

NVIDIA Corporation (NVDA) Gets a Price Target Boost from Christopher Rolland

Expectations Mount For Nvidia Analyst Raises Target To $190 Ahead Of Earnings Nvidia Reports Big Q3 Earnings Beat, Record Sales
Juana Turner | 11 November, 2017, 00:54

Bp Plc increased Nvidia Corp (NVDA) stake by 177.08% reported in 2017Q2 SEC filing. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corporation owns 18,600 shares or 0% of their United States portfolio.

As shares fly 6% today amid enthusiastic investor sentiment post-print, the analyst may be sidelined simply waiting for better value to buy into the semiconductor stock, but he is quite optimistic on Nvidia. The revenue of the company for the third quarter represents a growth of 32% from the same quarter last year while their earnings have risen by 41% year over year. Nvidia Corp now has $130.59 billion valuation. The stock rose 5.78% or $11.87 reaching $217.19.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Investorplace.com which released: "Avoid NVIDIA Corporation Stock Until After Tomorrow's Earnings Results" on November 08, 2017, also Investorplace.com with their article: "Nvidia Corporation Stock Isn't Bulletproof, But It Might Be Close" published on October 30, 2017, Seekingalpha.com published: "Nvidia reports Q3 beats, upside guidance, and strength in Datacenter" on November 09, 2017. It has outperformed by 38.71% the S&P500.

NVIDIA Corporation (NASDAQ:NVDA)'s stock has performed at 92.36%. Therefore 57% are positive. NVIDIA Corporation has been given an analysts' mean target of 172.08. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Buy" rating given on Friday, August 11 by Loop Capital Markets. Buckingham Research maintained it with "Buy" rating and $65 target in Friday, October 27 report. Susquehanna Bancshares Inc reiterated a "neutral" rating and set a $140.00 price objective on shares of NVIDIA Corporation in a report on Wednesday, August 16th. Pacific Crest maintained the shares of NVDA in report on Tuesday, August 4 with "Equal Weight" rating. Topeka Capital Markets maintained it with "Buy" rating and $40 target in Friday, July 31 report. 0 analysts gave its stock an Outperform rating. On Friday, February 24 the stock rating was downgraded by BMO Capital Markets to "Underperform". The firm has "Buy" rating by Needham given on Friday, August 11. "This platform has proven to be continuously leverage-able in some of the biggest and fastest growing markets in technology including gaming, artificial intelligence (AI), autonomous cars, and virtual reality", Bank of America Merrill Lynch analyst Vivek Arya wrote in a note to clients Thursday. Its up 1.33, from 1 in 2017Q1. It dropped, as 47 investors sold AAL shares while 194 reduced holdings.

A number of hedge funds have recently made changes to their positions in the stock. The Southpoint Capital Advisors Lp holds 2.35 million shares with $70.08 million value, down from 3.00M last quarter. (NASDAQ:ONVI). Dimensional Fund Ltd Partnership has invested 0% of its portfolio in Onvia, Inc. Zacks Investment Mgmt reported 26,009 shares. Vanguard Group Inc. now owns 3,823,451 shares of the business services provider's stock worth $45,881,000 after purchasing an additional 167,421 shares in the last quarter. First Quadrant Ltd Partnership Ca holds 0.04% or 132,618 shares in its portfolio. The institutional investor held 1.71M shares of the transportation company at the end of 2017Q2, valued at $86.28 million, down from 1.76M at the end of the previous reported quarter. Pub Employees Retirement Association Of Colorado has 103,330 shares. With 52,300 avg volume, 0 days are for RELMADA THERAPEUTICS INC. Lazard Asset Management Ltd Com reported 1,000 shares. Cantab Cap Prtnrs Limited Liability Partnership reported 0% of its portfolio in American Airlines Group Inc (NASDAQ:AAL). Mizuho maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Monday, October 16. Tcs Capital Management Limited Liability stated it has 100,000 shares or 7.5% of all its holdings. Its down 10% from 1.43M shares previously. Sales came in $280 million higher than estimates at a record $2.64 billion. Also, insider Michael Byron sold 409 shares of NVIDIA Corporation stock in a transaction on Friday, September 1st. The original version of this piece of content can be accessed at https://www.dispatchtribunal.com/2017/11/10/deutsche-bank-ag-increases-nvidia-corporation-nvda-price-target-to-190-00.html. 50,000 shares were sold by COXE TENCH, worth $8.23 million on Friday, June 9.

Since May 11, 2017, it had 0 buys, and 6 insider sales for $33.17 million activity. SWANK STEVEN S sold $21,623 worth of stock. About 200,418 shares traded. Omnicell, Inc. (NASDAQ:OMCL) has risen 33.21% since November 10, 2016 and is uptrending. It has outperformed by 23.95% the S&P500.

Rockland Trust Co holds 3.11% of its portfolio in Independent Bank Corp for 501,698 shares. Sanctuary Wealth Advsrs holds 2.87% or 22,701 shares in its portfolio.

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