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NVIDIA (NASDAQ:NVDA) was upgraded by analysts at McLean Capital Management from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, ARN reports.

A number of other analysts have also recently weighed in on NVDA. Analysts at Barclays raised their price target on shares of NVIDIA from $13.00 to $15.00 in a research note on Thursday, February 13th. They now have an “equal weight” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of NVIDIA to $15.00 in a research note on Thursday, February 13th. They now have a “market perform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of NVIDIA to $18.00 in a research note on Thursday, February 13th. They now have a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $16.86.

Shares of NVIDIA (NASDAQ:NVDA) traded down 0.75% on Friday, hitting $18.64. 11,275,319 shares of the company’s stock traded hands. NVIDIA has a 52-week low of $12.04 and a 52-week high of $18.82. The stock’s 50-day moving average is $16.15 and its 200-day moving average is $15.55. The company has a market cap of $10.597 billion and a P/E ratio of 25.38.

NVIDIA (NASDAQ:NVDA) last released its earnings data on Wednesday, February 12th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.14. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts predict that NVIDIA will post $0.82 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 20th. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Tuesday, February 25th.

NVIDIA Corporation (NASDAQ:NVDA) is engaged in creating the graphics chips used in personal computers (PCs).

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