Notable Downgrades: Nvidia (NVDA), MannKind Corp. (MNKD), Etsy Inc (ETSY), Nuance (NUAN)

Nvidia Corporation (NVDA) was reiterated a ‘Hold’ by Canaccord Genuity analysts on Monday. The broker however, cut its price target on the stock to $21 from $23. On valuation measures, Nvidia Corp. stock it’s trading at a forward P/E multiple of 18.62x, and at a multiple of 18.50x this year’s estimated earnings. The t-12-month revenue […] View the full post at: Notable Downgrades: Nvidia (NVDA), MannKind Corp. (MNKD), Etsy Inc (ETSY), Nuance (NUAN) Related posts: Microsoft, Hewlett-Packard Increase Stock Buybacks