NVIDIA reiterated as a Buy following soft guidance at Canaccord Canaccord said NVIDIA's guidance was sfot due to weak PC end markets and in Tegra processor transitions. The firm expects NVIDIA to release strong mobile benchmarks at the upcoming Mobile World Congress and to have healthy gross margins in 2013. Shares are Buy rated with a $16 price target.
News For NVDA From The Last 14 Days
Check below for free stories on NVDA the last two weeks.
Nvidia August volatility elevated into Q2 and outlook Nvidia August call option implied volatility is at 34, September is at 31, December is at 29; compared to its 26-week average of 29 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on August 8.