NVIDIA shares are trading higher after Daiwa Capital upgraded the stock from Neutral to Outperform and raised its price target from $408 to $475.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA's stock has been upgraded from Neutral to Outperform by Daiwa Capital, which also raised its price target from $408 to $475. This has resulted in NVIDIA shares trading higher.
June 30, 2023 | 2:07 pm
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NVIDIA's stock has been upgraded by Daiwa Capital, leading to a rise in its share price. The price target has also been raised from $408 to $475.
The upgrade from Daiwa Capital is a positive signal to investors, indicating increased confidence in NVIDIA's performance. This, coupled with the raised price target, is likely to attract more investors, driving up the share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100