Baird Upgrades NVIDIA to Outperform, Raises Price Target to $475
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Tristan Gerra upgrades NVIDIA (NASDAQ:NVDA) from Neutral to Outperform and raises the price target from $300 to $475.
May 25, 2023 | 12:09 pm
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POSITIVE IMPACT
NVIDIA upgraded to Outperform by Baird, with a raised price target of $475.
The upgrade from Baird analyst Tristan Gerra is a positive signal for NVIDIA, as it indicates increased confidence in the company's performance. The raised price target of $475 suggests a higher potential upside for the stock, which could attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100