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Needham disclosed Nvidia Corporation (NDAQ:NVDA), boosting its price target to $250.00 earlier today

Reporting a potential upside of 0.29%, Needham upped the price target of Nvidia Corporation (NDAQ:NVDA) to $250.00

On 10/5/2017, Loop Capital released a statement about Nvidia Corporation (NDAQ:NVDA) upped the target price from $181.00 to $205.00 that suggested an upside of 0.14%.

Having a price of $194.13, Nvidia Corporation (NDAQ:NVDA) traded 0.05% higher on the day. The last stock close price is up 29.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Nvidia Corporation has recorded a 50-day average of $175.31 and a two hundred day average of $147.71. Volume of trade was down over the average, with 13,207,315 shares of NVDA changing hands under the typical 16,744,600

Performance Chart

Nvidia Corporation (NDAQ:NVDA)

With a total market value of $0, Nvidia Corporation has PE ratio of 54.94 with a one year low of $65.52 and a one year high of $193.09 .

A total of 18 analysts have released a research note on NVDA. Six analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $42.00.

More About Nvidia Corporation (NDAQ:NVDA)

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company's operates through two segments: GPU and Tegra Processor. The Company's GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Company's Tegra brand integrates an entire computer onto a single chip, and incorporates GPUs and multi-core central processing units (CPUs) to drive supercomputing for mobile gaming and entertainment devices, as well as autonomous robots, drones and cars. The Company's processor has created platforms that address four markets: Gaming, Professional Visualization, Datacenter, and Automotive. The Company's offerings include NVIDIA DGX AI supercomputer, the NVIDIA DRIVE AI car computing platform and the GeForce NOW cloud gaming service.

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