Oppenheimer Maintains Outperform on NVIDIA, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Patrick Scholes maintains an Outperform rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $420 to $500.
August 17, 2023 | 10:51 am
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Oppenheimer analyst Patrick Scholes maintains an Outperform rating on NVIDIA and raises the price target from $420 to $500. This could potentially lead to an increase in NVIDIA's stock price.
The raised price target by Oppenheimer indicates a positive outlook for NVIDIA. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in its price.
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