BMO Capital Maintains Outperform on NVIDIA, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ambrish Srivastava has maintained an Outperform rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $600 to $650.
November 22, 2023 | 4:10 pm
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BMO Capital analyst Ambrish Srivastava maintains an Outperform rating on NVIDIA and raises the price target from $600 to $650, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a strong conviction in NVIDIA's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100