1/7/2023 0 Comments Nvda price target raisedThe analyst raised the price target from 340 to a Street high of 360. Feinseth said the advances in self-driving technology show that Nvidia (NVDA) is taking steps to appeal to more customers through its "ongoing innovation."įeinseth left his buy rating on Nvidia's (NVDA) shares unchanged. Analyst Vivek Arya reiterated a Buy rating on Nvidia and named it as the top sector pick. Its a damn big premium, but at the rate this stock has been going I think its. At its GTC conference, Nvidia (NVDA) launched Drive Map, a mapping platform for self-driving cars that by 2024 is set to include data from more than 300,000 miles of roads in North America, Europe and Asia. NVIDIA Price Target Raised to 520 by BofA. Feinseth said that "gains in data center demand," along with other new and emerging markets, should give investors confidence enough to boost the company's share price over the next year.Īnother area where Nvidia (NVDA) keeps getting high marks is in technology used in autos and autonomous driving. The financial health and growth prospects of NVDA, demonstrate its potential to underperform the market. At current prices, this gives it a near 40 upside. For access to live and exclusive video from CNBC subscribe. NVIDIA CORP (NVDA) Price Targets From Analysts The tables below show price targets and recommendations from analysts covering NVIDIA CORP. The Wall Street analyst community remains almost uniformly bullish on Nvidia with only one sell rating and an average price target of 250. He upped his price target on Nvidia to 257. Nvidia (NVDA) climbed to as high as $288.78 a share after Feinseth lifted his price target on Nvidia's (NVDA) stock to $410 a share from $400, due to factors such as new products and the company's presence in the data center industry. The 'Halftime Report' traders debate two bullish price target hikes for Nvidia. 00:00 In a note to clients, Truist Securities analyst William Stein reiterated his buy ratings on both semiconductor stocks and raised his price targets. Nvidia ( NASDAQ: NVDA) shares rose almost 3%, Tuesday, as Tigress Financial analyst Ivan Feinseth raised his stock-price target on the semiconductor giant in the wake of several announcements coming from its GTC 2022 conference.
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