Nvidia Dominates Market, BofA Raises EPS Projections and Price Target Amid Strong Free Cash Flow
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BING NEWS:
- Nvidia Dominates Market, BofA Raises EPS Projections and Price Target Amid Strong Free Cash Flow
NEW YORK, Oct. 17, 2024 With a commanding 80% to 85% share in a $400 billion total addressable market, semiconductor giant Nvidia ( NVDA, Financials) keeps dominating the business, compelling BofA ...
10/18/2024 - 10:16 am | View Link - Nvidia Can Approach $5 Trillion Valuation With ‘Generational’ AI Opportunity Still Ahead, BofA Says
Nvidia stock is already up 180% this year and more than 31,000% over the last decade as the company became the face of the artificial intelligence revolution.
10/18/2024 - 9:01 am | View Link - BofA Upgrades Tyra Biosciences As Investors Focus On Preclinical Data Amid High Benchmarks Set By Johnson & Johnson's Drug
Tyra Biosciences receives an upgrade from BofA, raising the price target to $31. The upgrade follows promising preclinical data for TYRA-300 and increased sales projections for metastatic urothelial ...
10/18/2024 - 7:34 am | View Link - Nvidia's smothering market share leads BofA to raise EPS estimate
Nvidia's market share of 80% to 85% in a $400B total addressable market has led Bank of America Securities to increase its EPS estimates. Read more here.
10/17/2024 - 11:14 am | View Link - Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment
However, after the dip, the market bounced back later in the day with a nearly 5% rally in Nvidia helping investors push past the discouraging consumer update. The chipmaker ended the day up by ...
09/24/2024 - 9:24 am | View Link - More
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