Goldman Sachs again reiterates Conviction Buy on Nvidia

|By:, SA News Editor

Highlighting time-to-market and competitive advantages, as well as the newly-launched GeForce GTX 1080 Ti and the gaming GPU's potential to contribute growth in the current quarter given repressed high-end demand (notes prior expectation for launch in January at CES and lack of competing new products from Advanced Micro Devices for the coming 1-3 months), analyst Toshiya Hari restates firm's $130 price target.

Nvidia (NASDAQ:NVDA) $97.92, -0.52%.

Previously (February 27, 2017): Goldman Sachs reissues Nvidia at Conviction Buy

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