NVIDIA Corporation (NASDAQ:NVDA) target price raised to $68.19, reported today by Vetr Inc.
- Updated: September 15, 2016
Having a price of $62.69, NVIDIA Corporation (NASDAQ:NVDA) traded 3.52% higher on the day. With the last stock price close up 35.71% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has registered a 50-day average of $60.39 and two hundred day moving average of $46.07. 7,803,734 shares of NVIDIA Corporation traded hands, down from ann average trading volume of 9,764,880
In a report announced on Thursday September 15 2016 Vetr Inc. increased the target price of NVIDIA Corporation (NASDAQ:NVDA) from $0 to $68 indicating a possible upsideof 0.09%.
Previously on 9/15/2016, MKM Partners released a statement for NVIDIA Corporation(NASDAQ:NVDA) bumped the target price from $70.00 to $74.00. At the time, this indicated a possible upside of 0.23%.
Recent Performance Graphic:
In addition to Vetr Inc. reporting it’s price target, a total of 18 brokerages have released a research note on the stock. The 12-month target price is $42.00 with six analysts rating the company a strong buy, seven firms rating the company a buy, 12 firms rating the stock a hold, one brokerage rating the company to underperform, and finally 0 analysts rating the stock as sell.
With a market capitalization of $0.0, NVIDIA Corporation has a price-earnings of 41 with a 52 week low of $22.50 and a 52 week high of $63.50.
General Information About NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and and GRID to provide the power of NVIDIA graphics through the cloud and datacenters. The Company’s Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD. Tegra is also sold to original equipment manufacturers (OEMs) for devices. DRIVE automotive computers provide supercomputing capabilities to make driving safer. SHIELD consists of a family of devices designed to harness the power of mobile-cloud to revolutionize gaming.
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