NVIDIA shares are trading higher after UBS raised its estimates and increased its price target on the stock.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA's stock is trading higher following UBS's decision to raise its estimates and increase its price target on the stock.
August 15, 2023 | 4:34 pm
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POSITIVE IMPACT
NVIDIA's stock price is expected to rise in the short term due to UBS's raised estimates and increased price target.
UBS's decision to raise its estimates and increase its price target on NVIDIA's stock indicates a positive outlook for the company. This is likely to attract investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100