Raymond James Maintains Strong Buy on NVIDIA, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has reaffirmed a Strong Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $600 to $700.
January 19, 2024 | 3:49 pm
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Raymond James analyst Srini Pajjuri has given NVIDIA a Strong Buy rating and raised the price target to $700, indicating a positive outlook on the stock.
The increase in price target by Raymond James is a strong positive signal to investors, suggesting that the analyst sees significant upside potential for NVIDIA's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100