Nvidia Downgraded As Weak PC Gaming Seen Hurting 2015

By | June 10, 2015

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Nvidia (NVDA) got downgraded Wednesday, as an analyst sees weakness in PC gaming hurting the chipmaker’s financial performance in the second half of the year. Nomura analyst Sanjay Chaurasia, in a research note Wednesday, cut his price target on Nvidia stock to 18 from 23 and downgraded the stock to neutral from buy. “We think Nvidia is one of the most innovative companies in our coverage universe,” Chaurasia wrote. “That said, we see several Scalper1 News

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