Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $304 to $450.
May 25, 2023 | 11:58 am
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on NVIDIA and raises the price target from $304 to $450.
The news of Morgan Stanley maintaining an Overweight rating on NVIDIA and raising the price target from $304 to $450 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may lead to an increase in investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100