Cantor Fitzgerald Reiterates Overweight on NVIDIA, Maintains $775 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) and maintained a price target of $775.

January 29, 2024 | 7:02 pm
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Cantor Fitzgerald analyst C J Muse reaffirmed an Overweight rating on NVIDIA, with a steady price target of $775, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a major analyst firm like Cantor Fitzgerald typically instills confidence in investors and can lead to a positive short term impact on the stock price. The maintenance of a high price target suggests that the analyst sees continued upside potential in the stock, which could encourage investors to maintain or increase their positions in NVIDIA.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100