By Michael Dabaie

 

NVIDIA Corp. (NVDA) shares were up 5% to $221.01 in Monday morning trading.

Morgan Stanley upgraded the maker of computer graphics processors, chipsets, and multimedia software to Overweight, with a $259 price target.

Morgan Stanley said it sees 2020 as a return to solid growth in both of the company's key segments, gaming and data centers, even in a tough semiconductor environment.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

November 25, 2019 11:17 ET (16:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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