NVIDIA shares are trading higher after KeyBanc and HSBC analysts raised their price targets on the stock ahead of the company's upcoming earnings report.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA's stock is trading higher after KeyBanc and HSBC analysts raised their price targets on the stock. This comes ahead of the company's upcoming earnings report.
August 21, 2023 | 1:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
NVIDIA's stock price is expected to rise in the short term due to increased price targets by KeyBanc and HSBC analysts.
Analysts from KeyBanc and HSBC have raised their price targets on NVIDIA's stock. This positive sentiment from analysts often leads to an increase in stock price as it signals their belief in the company's strong performance. Additionally, this comes ahead of the company's earnings report, which could further influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100