UPDATE: Macquarie Downgrades NVIDIA on Potential Impact of Cloud Computing
October 11, 2013 at 09:44 AM EDT
In a report published Friday, Macquarie Capital analyst Deepon Nag downgraded the rating on NVIDIA Corporation (NASDAQ: NVDA ) from Neutral to Underperform, and lowered the price target from $15.00 to $14.00. In the report, Macquarie Capital noted, “While we like NVIDIA's strong position in the workstation and high performance