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There are no more "sell" ratings for Nvidia on Wall Street following its strong second-quarter earnings. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Morningstar Research analyst Brian Colello upgraded Nvidia to "hold" from its Wall Street-equivalent rating of "sell" in a note on Wednesday. Such growth might be unprecedented in large-cap tech, but we foresee all types of enterprises investing in AI," Colello said. According to data compiled by Bloomberg, Wall Street has 54 "buy" ratings and five "hold" ratings on Nvidia stock.
Persons: Morningstar, Brian Colello, Colello, Stifel's Ruben Roy, Roy Organizations: Nvidia, Wall, Service, Morningstar Research, Bloomberg Locations: TSMC, Wall, Silicon, Colello
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel's inventory surplus contributed to the Q4 miss, says Stifel's Ruben RoyRuben Roy, Stifel managing director & applied technology analyst, joins 'Power Lunch' to discuss Intel's Q4 earnings upset and the reasons behind the estimates miss.
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