Oppenheimer Maintains Outperform on NVIDIA, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Patrick Scholes maintains an Outperform rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $300 to $350.
May 18, 2023 | 10:28 am
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POSITIVE IMPACT
Oppenheimer analyst Patrick Scholes maintains an Outperform rating on NVIDIA and raises the price target from $300 to $350.
The news of Oppenheimer maintaining an Outperform rating on NVIDIA and raising the price target from $300 to $350 is positive for the company. This indicates that the analyst believes the stock will outperform the market and has increased confidence in the company's future performance. This is likely to have a positive short-term impact on NVIDIA's stock price as investors may view this as a sign of strength and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100