Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $750
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $603 to $750.
February 07, 2024 | 8:27 pm
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Morgan Stanley has reaffirmed its Overweight rating on NVIDIA and raised its price target from $603 to $750.
The increase in price target by a reputable analyst like Joseph Moore from Morgan Stanley is a strong positive signal for NVIDIA. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100