Oppenheimer Reiterates Outperform on NVIDIA, Maintains $650 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on NVIDIA Corporation (NASDAQ:NVDA) and maintained a price target of $650. This reaffirmation of NVIDIA's stock performance and target price suggests continued confidence in the company's prospects.
November 22, 2023 | 6:50 pm
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Oppenheimer analyst reaffirms NVIDIA's Outperform rating and maintains a $650 price target, indicating a positive outlook on the company's stock.
The reiteration of an Outperform rating and the maintenance of a high price target by a reputable analyst like Rick Schafer from Oppenheimer can have a positive impact on investor sentiment and potentially lead to a short-term increase in NVDA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100