Stifel Upgrades NVIDIA to Buy, Raises Price Target to $600
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Ruben Roy has upgraded NVIDIA (NASDAQ:NVDA) from Hold to Buy and raised the price target from $440 to $600.
August 24, 2023 | 9:37 am
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POSITIVE IMPACT
NVIDIA has been upgraded from Hold to Buy by Stifel, with a raised price target from $440 to $600.
The upgrade from Hold to Buy and the significant increase in price target by Stifel indicates a positive outlook for NVIDIA. This could lead to increased investor confidence and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100