B of A Securities Maintains Buy on NVIDIA, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $450 to $500.
May 31, 2023 | 10:52 am
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NVIDIA's price target has been raised from $450 to $500 by B of A Securities analyst Vivek Arya, who maintains a Buy rating on the stock.
The news of B of A Securities analyst Vivek Arya maintaining a Buy rating on NVIDIA and raising the price target from $450 to $500 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance, which could lead to an increase in investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100