NVIDIA shares are trading higher after Truist raised its price target on the stock from $470 to $545.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA's stock price is on the rise following Truist's decision to increase its price target for the company from $470 to $545.
July 14, 2023 | 2:58 pm
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POSITIVE IMPACT
NVIDIA's stock price is expected to increase in the short term due to Truist's raised price target.
Truist's decision to raise its price target for NVIDIA from $470 to $545 indicates a positive outlook for the company's stock. This is likely to encourage investors to buy, leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100