Share | RSS | Widgets | Home

[-]  14-03-18 14:00

Business Insider
RBC: Nvidia's crypto boost is facing a 'notable slowdown' — but its stock could still surge (NVDA)
Nvidia’s crypto boost is likely to face a "notable slowdown" in 2018, says RBC Capital Markets.
Still, the bank is raising its price target for the chipmaker citing tax reform and video games.

Nvidia got a major boost from the explosion of interest around cryptocurrencies in 2017, but that's facing a "notable slowdown," RBC Capital Markets has warned.
"With crypto currencies acting as a boost in FY18E, we take a conservative approach and assume that a notable slowdown occurs in FY19E," a...

Read the full article on Business Insider »
Facebook TwitterGoogle+

« Back to Feedjunkie.com