$NVIDIA (NVDA.US)$ "We expect a strong report ... with a meaningful beat and raise," Melius Research analyst Ben Reitzes wrote in a research note. "[Nvidia] shares trade well below its long-term growth rate and at a stunning 50% discount to shares of AMD, adjusted for the impact of stock options."
Reitzes has a Buy rating and $380 target price on Nvidia stock, the highest price target of any analyst on Wall Street tracked by FactSet. Sixty-five of those 70 analysts rate Nvidia shares a Buy.
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