There are no more "sell" ratings for Nvidia on Wall Street following its strong second-quarter earnings.
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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