In a report released today, Christopher Rolland from Susquehanna reiterated a Buy rating on Nvidia (NVDA), with a price target of $190. The company’s shares closed last Monday at $148.77, close to its 52-week low of $124.46.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 10.3% and a 61.8% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Power Integrations, and Intel Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nvidia with a $184.70 average price target, implying a 22.5% upside from current levels. In a report issued on August 12, Wells Fargo also reiterated a Buy rating on the stock.
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The company has a one-year high of $292.76 and a one-year low of $124.46. Currently, Nvidia has an average volume of 10.4M.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock.
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NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments.
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