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Nvidia, Lennar, Adobe and more

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A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California.

Justin Sullivan/Getty Images

Check out the companies making headlines in midday trading.

Nvidia — Shares of Nvidia gained 2.3% midday, then closed 0.21% after Bank of America raised its price target on the stock to $900 per share from $800 per share. The bank said “rising AI adoption, expanding use-cases across cloud, enterprise, edge, telco can help NVDA double its content and triple its data center sales over the next few years.”

Lennar — Lennar shares added 3.7% after JPMorgan upgraded the homebuilder to overweight from neutral. JPMorgan said Lennar’s stock as “attractive relative to its…



Source cnbc.com

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