NVIDIA shares are trading higher after Morgan Stanley raised its price target on the stock from $450 to $500.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA shares are trading higher after Morgan Stanley raised its price target on the stock from $450 to $500.
June 16, 2023 | 11:52 am
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POSITIVE IMPACT
Morgan Stanley raised its price target on NVIDIA shares from $450 to $500, leading to higher trading.
Morgan Stanley's price target increase for NVIDIA shares from $450 to $500 indicates a positive outlook on the company's performance. This news directly impacts NVIDIA's stock price, leading to higher trading in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100