Goldman Upgrades Nvidia to Buy, Says 'Wrong' to Have Been Waiting on Sidelines
Goldman Sachs analyst Toshiya Hari upgraded $NVIDIA (NVDA.US)$ to Buy from Neutral with a price target of $275, up from $162, based on a normalized EPS estimate of $5.00, up from $4.50 on higher peak EPS. The company "delivered an impressive quarter" and in hindsight the firm acknowledges that its "decision to remain on the sidelines in anticipation of a pullb...