Morgan Stanley Maintains Overweight on NVIDIA, Lowers Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) but lowered the price target from $630 to $600.
October 18, 2023 | 3:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on NVIDIA but lowered the price target from $630 to $600.
The news is directly related to NVIDIA and is likely to influence investor sentiment. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100