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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100