UBS Maintains Buy on NVIDIA, Raises Price Target to $540
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $475 to $540.
August 15, 2023 | 11:03 am
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UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA and raises the price target from $475 to $540. This could potentially lead to an increase in the stock's price.
The raised price target by UBS analyst indicates a positive outlook for NVIDIA. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100