Financial Institutions Raise Nvidia ($NVDA) Price Targets After Positive Earnings; Bernstein, Stifel, KeyBanc Upgrades
Several major financial institutions, including Morgan Stanley, Goldman Sachs, Bernstein, Stifel, and KeyBanc, have raised their price targets for Nvidia ($NVDA) following the chipmaker's positive earnings announcement. Morgan Stanley increased the target to $795 from $750, Goldman Sachs to $875 from $800, Bernstein to $1,000 from $700, Stifel to $910 from $865, and KeyBanc to $1,100 from $740. The upgrades reflect optimism about Nvidia's performance and new product offerings.
Sources
Evan
JPMorgan today raised its price target on Nvidia $NVDA to $850 up from $650 while maintaining its Buy rating Bank of America raised its price target on Nvidia $NVDA to $925 up from $800 while maintaining its Buy rating Goldman Sachs raised its price target on Nvidia $NVDA to…
Mukund Mohan $NVDA Goldman Sachs reiterates buy rating on Nvidia Goldman raised its price target to $875 from $800, noting new products could augment “what is already a robust demand backdrop.” ” Nvidia delivered against what was seemingly a very high bar with Data Center once again serving…
- Mukund Mohan
$NVDA Morgan Stanley raises Nvidia price target Morgan Stanley increased its price target on shares to $795 from $750 after the chipmaker’s earnings announcement. ” NVIDIA beat and raise vs. our increased estimates; perhaps more importantly, resizing the inference market and…