UBS Maintains Buy on NVIDIA, Raises Price Target to $560
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $540 to $560.
August 24, 2023 | 1:59 pm
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POSITIVE IMPACT
UBS analyst maintains a Buy rating on NVIDIA and raises the price target from $540 to $560, indicating a positive outlook for the company.
The raised price target by UBS analyst 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