Wall Street Predicts Nvidia's Stock Trajectory for 2024

Nvidia's stock closed at $135.34, reflecting a 1.15% drop amid geopolitical concerns and potential U.S. export restrictions to China. Despite short-term challenges, Nvidia's long-term prospects remain strong, with Wall Street projecting a 54% revenue growth by 2025. Analysts are optimistic, with a consensus 12-month price target of $175, suggesting a 29.3% upside. The stock faces critical support levels and resistance, while geopolitical tensions and market volatility pose risks.