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MAY 09, 2014 - TheStreet

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Will NVIDIA (NVDA) Stock Rebound After Strong Earnings?

NEW YORK (TheStreet) --NVIDIA Corp. released its 2015 first quarter earnings results yesterday, reporting an increase in revenue to $1.103 billion from $954.7 million from the 2014 first quarter. Earlier today the company's price target was increased to $17 from $15 at Barclays . Yet, shares of NVIDIA Corp. are down -2.43% to $18.05 this afternoon. The company, which creates graphic chips for using in personal computers, said GAAP-net income for the most recent quarter was $136.5 million, or 24 cents per diluted share, compared to $77.9 million from the same period the previous ... Read More

Tags: Will NVIDIA (NVDA) Stock Rebound After Strong Earnings?,  Barclays Latest News