$NVDA - On a watchlist. Posted due to a few traders on this site have an interest in Nvidia/AMD.Nvidia price target raised to $240 from $190 at SusquehannaSusquehanna analyst Christopher Rolland raised his price target for Nvidia (NVDA) to $240 from $190 ahead of the company's Q3 results on November 14. While difficult to make a clear call on the quarter, this is the first time in many quarters that expectations are generally in-check with typical seasonality, Rolland tells investors in a pre-research note. He points out that Nvidia in the quarter refreshed its high-end RTX cards to combat the 7nm graphics processing unit launch from AMD (AMD). While AMD was able to gain modest share in aftermarket graphics cards during the quarter and is now rumored to be launching a lower-priced Navi GPU to compete in the midrange, the analyst believes Nvidia will take back most lost share on the release of 7nm next year. With the company facing "the most reasonable Street expectations in quite some time," Rolland reiterates a Positive rating on Nvidia. $NVDA, NVIDIA Corporation / H1 Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page