Rolland, who has a positive rating and a $360 price target, said perhaps investors were being “perhaps driven by less GM expansion and elevated opex,” but also remarked he thought the stock was already trading low compared with the sector. Susquehanna Financial analyst Christopher Rolland said late Wednesday he was confused by the “muted after-hours reaction” of the stock, when it was down a mere 2%. 25, 2021, when they fell 8.2% after some on Wall Street nitpicked about data-center results amid then-record holiday-quarter sales.Īnalysts seemed to be more impressed, with at least six raising their price targets while only one lowered a target. Yet investors appeared to be asking for more, as shares dropped nearly 9% in Thursday trading, and finished down 7.5% at $245.19, their worst one-day drop since Feb. “The company continues to benefit from two of their strongest product cycles in their history simultaneously as both their core gaming and datacenter segments overdeliver.” “Once again Nvidia gives investors what they are presumably asking for, namely strong secular growth and a continued reason to dream,” said Rasgon, who has an outperform rating and a $360 price target.
0 kommentar(er)
