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Nvidia Stock Gets Price-Target Upgrades. 3 Reasons for Optimism.

Por: MarketWatch Business August 16, 2023

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“We are expecting NVDA to beat estimates across the board for the July quarter as well as EPS [earnings per share] and revenue expectations for the October guidance,” Piper Sandler’s Harsh Kumar wrote.  He forecasts Nvidia’s data-center revenue to rise 78% in the July quarter from the preceding quarter to $7.6 billion and then climb to $9.5 billion for the October quarter.   Kumar raised his target price on Nvidia to $500 from $450... + full article



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