Nvidia Impresses Analysts With ‘Back-To-Back Miraculous Quarters’: Are Estimates Too Modest?

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Benzinga

Semiconductor and technology companyNVIDIA Corporation (NASDAQ: NVDA) reported second quarter financial results after market close Wednesday that beat analysts’ estimates. Analysts reacted to the quarter beat and updated guidance from the company. The NVDA Analysts: Goldman Sachs analyst Toshiya Hari has a Buy rating and raises the price target from $495 to $605. Wedbush analyst Matt Bryson has an Outperform rating and raises the price target from $490 to $600. Susquehanna analyst Christopher Rolland has a Positive rating and raises the price target from $575 to $600. Morgan Stanley analyst Jo…

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