Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $500
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on NVIDIA and raises the price target from $450 to $500.
June 16, 2023 | 11:08 am
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Morgan Stanley maintains an Overweight rating on NVIDIA and raises the price target from $450 to $500.
Morgan Stanley's raised price target for NVIDIA indicates a positive outlook for the company's stock. The Overweight rating suggests that the analyst believes the stock will outperform its peers in the short term. This news is likely to have a positive impact on NVIDIA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100