Wells Fargo Maintains Overweight on NVIDIA, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on NVIDIA and raised the price target from $450 to $500.
August 15, 2023 | 12:39 pm
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NVIDIA's price target has been raised from $450 to $500 by Wells Fargo, maintaining an Overweight rating.
The raised price target and maintained Overweight rating by Wells Fargo indicates a positive outlook for NVIDIA. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100