Wells Fargo Maintains Overweight on NVIDIA, Raises Price Target to $675
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $600 to $675.

November 22, 2023 | 2:48 pm
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Wells Fargo analyst Aaron Rakers reaffirmed an Overweight rating on NVIDIA and raised the price target to $675, indicating a positive outlook on the stock.
The increase in price target by a major financial institution like Wells Fargo typically signals a strong bullish sentiment on the stock, suggesting that the analyst sees continued growth potential. This can often lead to increased investor confidence and a short-term positive impact on the stock price.
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