Nvidia (NVDA +2%) trades higher on an upgrade to Buy from UBS' Uche Orji, who's keeping his PT...

|By:, SA News Editor

Nvidia (NVDA +2%) trades higher on an upgrade to Buy from UBS' Uche Orji, who's keeping his PT at $15.50. Aside from the drop in Nvidia's multiples, Orji likes Nvidia's positioning in the market for ARM-based Windows 8 devices; its 28nm Kepler graphics processors (GPUs), and its high-margin professional solutions business, which centers around the company's Quadro GPUs. (previous)