Bank of America hikes price target for Nvidia to $750 after earnings beat

cnbc2021-05-27

The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...

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精彩评论

CL777
2021-05-28
CL777
$650 next!
- Sheryl85:
  good
Maydelyn
2021-05-27
Maydelyn
Pls drop.. I will to buy back...
feizhu
2021-05-27
feizhu
Very nice
Sumei
2021-05-27
Sumei
About time!
kerukel88
2021-05-27
kerukel88
Wow
- kerukel88:
  Wow
PeiYi99
2021-05-27
PeiYi99
Wow
- WeiKeong:
  Happy
- PeiYi99:
  Same

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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America hikes price target for Nvidia to $750 after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4479908,"gmtCreate":1622171834931,"gmtModify":1635396817690,"authorId":3563253186452228,"author":{"id":3563253186452228,"idStr":"3563253186452228","authorId":3563253186452228,"name":"Sheryl85","avatar":"https://static.tigerbbs.com/b7a9183a9332355f694e2f0af874b0ed","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135637669,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":135066201,"gmtCreate":1622122909003,"gmtModify":1634183665752,"author":{"id":"3577008220161864","authorId":"3577008220161864","name":"Maydelyn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577008220161864","authorIdStr":"3577008220161864"},"htmlText":"Pls drop.. I will to buy back...","listText":"Pls drop.. I will to buy back...","text":"Pls drop.. I will to buy back...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135066201","repostId":1150827210,"repostType":4,"repost":{"id":"1150827210","kind":"news","pubTimestamp":1622119598,"share":"https://www.laohu8.com/m/news/1150827210?lang=&edition=full","pubTime":"2021-05-27 20:46","market":"us","language":"en","title":"Bank of America hikes price target for Nvidia to $750 after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1150827210","media":"cnbc","summary":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot st","content":"<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135018337,"gmtCreate":1622122175729,"gmtModify":1634183677108,"author":{"id":"3582063786027242","authorId":"3582063786027242","name":"feizhu","avatar":"https://static.tigerbbs.com/e80001ff302a9499e27aef066c372813","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582063786027242","authorIdStr":"3582063786027242"},"htmlText":"Very nice","listText":"Very nice","text":"Very nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135018337","repostId":1150827210,"repostType":4,"repost":{"id":"1150827210","kind":"news","pubTimestamp":1622119598,"share":"https://www.laohu8.com/m/news/1150827210?lang=&edition=full","pubTime":"2021-05-27 20:46","market":"us","language":"en","title":"Bank of America hikes price target for Nvidia to $750 after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1150827210","media":"cnbc","summary":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot st","content":"<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America hikes price target for Nvidia to $750 after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135013114,"gmtCreate":1622122074838,"gmtModify":1631893769335,"author":{"id":"3566259831309087","authorId":"3566259831309087","name":"Sumei","avatar":"https://static.tigerbbs.com/ae0a2af1baf6b07a87ffdf41ea17959a","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3566259831309087","authorIdStr":"3566259831309087"},"htmlText":"About time!&nbsp;","listText":"About time!&nbsp;","text":"About time!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135013114","repostId":1150827210,"repostType":4,"repost":{"id":"1150827210","kind":"news","pubTimestamp":1622119598,"share":"https://www.laohu8.com/m/news/1150827210?lang=&edition=full","pubTime":"2021-05-27 20:46","market":"us","language":"en","title":"Bank of America hikes price target for Nvidia to $750 after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1150827210","media":"cnbc","summary":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot st","content":"<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America hikes price target for Nvidia to $750 after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135038972,"gmtCreate":1622121614396,"gmtModify":1634183682504,"author":{"id":"3580376639553291","authorId":"3580376639553291","name":"kerukel88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580376639553291","authorIdStr":"3580376639553291"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135038972","repostId":1150827210,"repostType":4,"repost":{"id":"1150827210","kind":"news","pubTimestamp":1622119598,"share":"https://www.laohu8.com/m/news/1150827210?lang=&edition=full","pubTime":"2021-05-27 20:46","market":"us","language":"en","title":"Bank of America hikes price target for Nvidia to $750 after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1150827210","media":"cnbc","summary":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot st","content":"<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America hikes price target for Nvidia to $750 after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471435,"gmtCreate":1622121626616,"gmtModify":1635397492746,"authorId":3580376639553291,"author":{"id":3580376639553291,"idStr":"3580376639553291","authorId":3580376639553291,"name":"kerukel88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135038972,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":135033965,"gmtCreate":1622121467757,"gmtModify":1634183684218,"author":{"id":"3582637292455335","authorId":"3582637292455335","name":"PeiYi99","avatar":"https://static.tigerbbs.com/106de96bbc6719df0070ae1f2a3daa28","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582637292455335","authorIdStr":"3582637292455335"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/135033965","repostId":1150827210,"repostType":4,"repost":{"id":"1150827210","kind":"news","pubTimestamp":1622119598,"share":"https://www.laohu8.com/m/news/1150827210?lang=&edition=full","pubTime":"2021-05-27 20:46","market":"us","language":"en","title":"Bank of America hikes price target for Nvidia to $750 after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1150827210","media":"cnbc","summary":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot st","content":"<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America hikes price target for Nvidia to $750 after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America hikes price target for Nvidia to $750 after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/05/27/nvidia-stock-price-target-hike-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150827210","content_text":"The latest earnings report from semiconductor giant Nvidia should help the stock continue its hot streak, according to Bank of America.The chipmaker topped expectations on the top and bottom lines in itsfirst-quarter report, helped byrising revenue for gaming and processors specifically made for crypto mining.Bank of America analyst Vivek Arya said in a note to clients on Wednesday that the first-quarter results warranted a hike in estimates and price target for the company, saying that splitting up the crypto and gaming products should help solidify the overall business.“By diverting mining demand to cost-effective Crypto Mining Processor (CMP) products and by reducing mining capability of PC gaming cards, NVDA has effectively ring-fenced mining demand which should provide clarity,” the note said.Bank of America, which has a buy rating on Nvidia, hiked its price target on the stock to $750 per share from $700. That is well above the average analyst price target, according to FactSet, and 19% above where the stock closed on Wednesday.Some parts of Nvidia’s business appear to be slowing in growth, but Bank of America said investors should not overreact to these changes.“NVDA data center to decl. to +30% YoY in Q1, vs. 80% in 2020. However, this should be the trough and data ctr can accelerate in 2H as cloud digestion abates and enterprise recovers,” the note said.Shares of Nvidia have gained 20% year to date after surging more than 120% in 2020.The stock was slightly higher in premarket trading.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471407,"gmtCreate":1622121507345,"gmtModify":1635397494885,"authorId":3574809268346931,"author":{"id":3574809268346931,"idStr":"3574809268346931","authorId":3574809268346931,"name":"WeiKeong","avatar":"https://static.tigerbbs.com/5495c1f2e5e2d6067ea4add6d0b105c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135033965,"type":1,"supId":0,"prevId":0,"content":"Happy","text":"Happy","html":"Happy"},{"id":4471409,"gmtCreate":1622121515272,"gmtModify":1635397494664,"authorId":3582637292455335,"author":{"id":3582637292455335,"idStr":"3582637292455335","authorId":3582637292455335,"name":"PeiYi99","avatar":"https://static.tigerbbs.com/106de96bbc6719df0070ae1f2a3daa28","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135033965,"type":1,"supId":4471407,"prevId":0,"content":"Same","text":"Same","html":"Same"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":29,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1150827210"}