"Nvidia's Rising Stock and Friendly Competition: A Nasdaq Rebound Analysis"

1 min read
Source: InvestorPlace
"Nvidia's Rising Stock and Friendly Competition: A Nasdaq Rebound Analysis"
Photo: InvestorPlace
TL;DR

Raymond James raised its price target on Nvidia (NVDA) stock from $850 to $1,100, representing a potential upside of 26.4% and maintaining a 'strong buy' rating, citing expectations of continued demand for inferencing and data center capex, leading to a 1.9% increase in NVDA stock.

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