Nvidia (NVDA) Receives a Hold from Morgan Stanley


Morgan Stanley analyst Joseph Moore maintained a Hold rating on Nvidia (NVDA) today and set a price target of $180. The company’s shares closed last Monday at $148.77, close to its 52-week low of $124.46.

According to TipRanks.com, Moore is a 4-star analyst with an average return of 8.1% and a 51.5% success rate. Moore covers the Consumer Goods sector, focusing on stocks such as Intel Corporation, Western Digital, and Xilinx Inc.

Currently, the analyst consensus on Nvidia is a Moderate Buy with an average price target of $184.70, implying a 22.5% upside from current levels. In a report issued on August 7, Bernstein also reiterated a Hold rating on the stock with a $150 price target.

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Nvidia’s market cap is currently $90.6B and has a P/E ratio of 28.12. The company has a Price to Book ratio of 9.34.

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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