Wedbush Reiterates Outperform on NVIDIA, Maintains $600 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has reiterated an Outperform rating on NVIDIA Corporation (NASDAQ:NVDA) and maintained a price target of $600.
November 17, 2023 | 2:19 pm
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POSITIVE IMPACT
Wedbush analyst Matt Bryson reaffirmed an Outperform rating on NVIDIA, with a price target of $600, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a prominent analyst like Matt Bryson suggests a strong conviction in NVIDIA's future performance. The maintained price target of $600 signals a belief in the company's potential for significant stock price appreciation. This positive analyst coverage is likely to instill confidence in investors and could contribute to a short-term upward movement in NVDA's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100