Needham Reiterates Buy on NVIDIA, Maintains $600 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on NVIDIA (NASDAQ:NVDA) and maintained a $600 price target for the stock.

November 22, 2023 | 12:17 pm
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Needham analyst Quinn Bolton reaffirmed a Buy rating on NVIDIA, with a price target of $600, indicating a positive outlook for the stock.
The reiteration of a Buy rating and a high price target by a reputable analyst like Quinn Bolton from Needham is likely to instill confidence in investors and could lead to a short-term positive impact on NVIDIA's stock price. The $600 price target suggests a significant upside potential from the current trading levels, which may attract investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100