BMO Capital Maintains Cautious on NVIDIA, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ambrish Srivastava maintains a cautious stance on NVIDIA (NASDAQ:NVDA) and raises the price target from $350 to $450.
May 25, 2023 | 1:17 pm
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BMO Capital raises NVIDIA's price target from $350 to $450, while maintaining a cautious stance.
The price target increase from $350 to $450 by BMO Capital indicates a positive outlook for NVIDIA. However, the analyst maintains a cautious stance, which may limit the short-term impact on the stock price. The news is highly relevant and important for investors, but the cautious stance creates uncertainty, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100