Keybanc Maintains Overweight on NVIDIA, Lowers Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) but lowered the price target from $750 to $650.
October 20, 2023 | 8:29 am
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NVIDIA's price target has been lowered from $750 to $650 by Keybanc, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in NVIDIA's stock price in the short term. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100