Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) and raised the price target from $500 to $630.
August 24, 2023 | 12:20 pm
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Morgan Stanley has maintained an Overweight rating on NVIDIA and raised the price target from $500 to $630, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for NVIDIA. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100