Nvidia: Jefferies a buyer, hails 'solid' results
(CercleFinance.com) - On Friday an analyst at Jefferies confirms his "buy" recommendation on the Nvidia share, after the electronics group published "solid" results, with a nice growth in Turing products and "improving visibility".
"Gaming reaccelerated to 24% Q/Q growth from 11% prior. Datacenter posted only 3% growth in the Q, but we think this will accelerate to mid-teens in 3Q, " the broker said.
Jefferies also confirms its 210-dollar target price for the share.
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