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Analysts Upbeat After Nvidia's CES Presentations: 'Must-Own Stock For Technology Investors'
Monday, January 13, 2020 - 2:15pm | 489Read More...Even as Needham remains cautious on NVIDIA Corporation (NASDAQ: NVDA), some peers are upbeat about the prospects for the graphics chipmaker, especially after the Consumer Electronic Show. The Analysts Argus analyst Jim Kelleher reiterated a Buy rating on Nvidia and raised the price target from $240...
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Citi Adds Nvidia, Marvell Technology To Holiday Shopping List
Thursday, December 13, 2018 - 1:12pm | 378Read More...Semiconductor stocks have been beaten down in the second half of 2018, but one Wall Street analyst said Thursday investors should add two popular semi stocks to their holiday shopping lists. The Analyst Citi analyst Atif Malik upgraded Marvell Technology Group Ltd. (NASDAQ: MRVL) from Neutral to...
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What To Do With Nvidia's Stock After 20% Fall?
Friday, November 16, 2018 - 12:24pm | 900Read More...Chipmaker Nvidia Corporation (NASDAQ: NVDA) reported Thursday its third-quarter results in which revenue fell short of expectations and management's guidance for the fourth quarter also missed. Here is a summary of how some of the Street's top analysts reacted to the print and the stock...
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What Wall Street Thinks Of Nvidia's Q2 Earnings
Saturday, August 18, 2018 - 8:29am | 803Read More...NVIDIA Corporation (NASDAQ: NVDA) stock fell 5 percent Friday after the company missed market expectations with its third-quarter guidance. Several Wall Street analysts weighed in on Nvidia stock following the earnings report. Here’s a rundown of what they had to say. Cryptocurrency Noise...
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'A Good Time To Buy Equipment Stocks': Citi Upgrades Lam Research, Updates Sector Model
Monday, May 14, 2018 - 2:38pm | 609Read More...With most semiconductor equipment makers already having reported earnings, Citi shared its takeaways on the sector and updated its wafer fab equipment model Monday. The Analyst Analyst Atif Malik upgraded Lam Research Corporation (NASDAQ: LRCX) from Neutral to Buy and increased the...
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Wall Street Reacts To Nvidia's Blowout Q4 Quarter
Friday, February 9, 2018 - 2:59pm | 701Read More...NVIDIA Corporation (NASDAQ: NVDA) reported a blowout fourth quarter earnings report Thursday, but was it good enough to turn Wall Street's skeptics to bulls? Here's a look at how some Wall Street analysts reacted. Oppenheimer: NVDA Surpassed High Expectations Oppenheimer's...
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5G Will Mean Plenty Of Blue Sky For Skyworks
Tuesday, September 5, 2017 - 9:15am | 348Read More...Analysts at Citi Research turned bullish on Skyworks Solutions Inc (NASDAQ: SWKS) given the company's potential to capitalize on a future 5G deployment. The firm's Atif Malik upgraded Skyworks' stock rating from Sell to Buy with a $125 price target. Skyworks should be seen as an "attractive play"...
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Nvidia, Baidu And AI
Monday, July 10, 2017 - 9:20am | 360Read More...NVIDIA Corporation (NASDAQ: NVDA) is continuing to work to help drive the artificial intelligence industry and has a new partner. In a recent note, Citigroup analyst Atif Malik highlighted Nvidia’s and Baidu Inc (ADR) (NASDAQ: BIDU)'s recent partnership announcement. This partnership will...
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The Bull Case For Nvidia: $300 Per Share?
Thursday, June 8, 2017 - 10:03am | 432Read More...NVIDIA Corporation (NASDAQ: NVDA) shares are up more than 700 percent over the past three years, but investors may have plenty of upside ahead. In fact, Nvidia stock may still double from here, according to Citigroup analyst Atif Malik. Plenty Of Upside Ahead? Nvidia is still in the early stages of...
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Citi Says Concerns Related To NVIDIA And Gaming Market Are 'Misleading'
Wednesday, April 5, 2017 - 10:44am | 296Read More...One of the hottest stocks in the market in the past two years, NVIDIA Corporation (NASDAQ: NVDA), has started off April on shaky ground, dropping more than 7 percent so far this month. Earlier this week, Pacific Crest analyst Michael McConnel downgraded NVIDIA to Underweight, citing “signs of...
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Why A Pullback Is Just What Nvidia Needed
Wednesday, January 4, 2017 - 11:21am | 283Read More...NVIDIA Corporation (NASDAQ: NVDA) was one of 2016's hottest stocks, but after hitting an all-time high of $119.93 in late 2016, the stock briefly dipped below the $100 per share mark on Tuesday. According to Citi's Atif Malik, the approximate $20 per share decline in Nvidia's stock is actually "...
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An Updated View On Lam Research And KLA-Tencor Following Termination Of Merger
Thursday, October 6, 2016 - 9:15am | 351Read More...Owing to regulatory hurdles, Lam Research Corporation (NASDAQ: LRCX) and KLA-Tencor Corp (NASDAQ: KLAC) have mutually agreed to terminate their proposed merger. The news does not come as a surprise, Citi’s Atif Malik said in a report. Analyst Malik raised the price target for Lam Research...
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Citi's Take On Renesas' Purchase Of Intersil
Wednesday, September 14, 2016 - 9:21am | 329Read More...Intersil Corp (NASDAQ: ISIL) announced on September 12 that it has entered into a definitive agreement to be acquired by Renesas. Citi’s Atif Malik upgraded the rating on Intersil from Sell to Neutral, while raising the price target from $13.50 to $22.50. The Offer Malik mentioned that the $3...
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Marvell Looks Overvalued, So Citi Keeps Sell Rating On Stock
Thursday, July 28, 2016 - 7:29am | 376Read More...Although there’s a rebound in the storage business, shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) appear overvalued following the recent run-up, Citi’s Atif Malik said in a report. He maintained a Sell rating on the company, while raising the price target from $8.65 to $10.50...
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Citigroup: Sell Skyworks Solutions
Thursday, June 9, 2016 - 7:57am | 305Read More...Skyworks Solutions Inc (NASDAQ: SWKS) shares have declined 11 percent year-to-date, following the weak March quarter results. Citi’s Atif Malik downgraded the rating on the company from Neutral to Sell, while lowering the price target from $69.50 to $65.00. Malik believes that the stock...
