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Analysts cut Nvidia sell target price

Fudo's to blame
Wed Jun 21 2006, 18:37
JUST A DAY after we wrote that Nvidia is falling behind ATI, share-price tipsters reduced Nvidia's sell target from $20 to $18.5.

Our original story is here and if we didn't know better we would say that the financial community follows our work.

Analysts at Deutsche Bank informed the world that they want to maintain their sell rating on Nvidia but will reduce the sell target from $20 to $18.5.

It looks like a reaction to the fact that Crossfire works with Conroe on Intel boards while Nvidia's SLI simply won't.

The analysts think that Intel and ATI might be a better bet and that this duo might pinch some significant market share. We're increasingly convinced that Nvidia is running out of choices other than to open up its SLI to Intel.

The Deutsche bank comment is here. µ

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