Shares of NVIDIA Fall 4.2% Following Canaccord's Downgrade
January 09, 2014 at 14:20 PM EST
In a report published Wednesday, Canaccord Genuity analyst Bobby Burleson downgraded shared of NVIDIA (NASDAQ: NVDA ) from Buy to Hold and maintained a $16.00 price target. Burleson commented, "While NVDA is likely to deliver top line growth in C14 based on Tesla, Tegra (lowered C13 base), and autos, we