Stifel Maintains Buy on NVIDIA, Raises Price Target to $665
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Ruben Roy has reaffirmed a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $600 to $665, indicating a positive outlook on the company's stock.
November 22, 2023 | 6:14 pm
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Stifel analyst Ruben Roy has maintained a Buy rating on NVIDIA and raised the price target to $665, suggesting a bullish stance on the stock's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future growth and performance. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100