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DeepNewz, mobile.
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KeyBanc analyst John Vinh raised Nvidia's price target to $1,200 per share from $1,100, implying a 36% upside from the previous close. He also maintained an overweight rating, citing strong demand for Nvidia's H20 chips in China. Despite recent fluctuations, Nvidia's stock entered correction territory, dropping 10% from its all-time high.
Nvidia’s stock has had a killer run. Why it’s still Morgan Stanley’s top AI-chip pick. https://t.co/xlXd6nq12t
$NVDA really do be out here https://t.co/ckRt0kXH3M
Nvidia officially corrected, dropping 10% from its all-time high yesterday. But as Bank of America points out...this comes with the territory "The current selloff marks the 9th time $NVDA stock has declined ~10% or more since ChatGPT was launched back in late'22."
