Loop Capital Initiates Coverage On NVIDIA with Buy Rating, Announces Price Target of $1200
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Ananda Baruah has initiated coverage on NVIDIA (NASDAQ:NVDA) with a Buy rating and set a price target of $1200.
February 16, 2024 | 11:50 am
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Loop Capital has initiated coverage on NVIDIA with a Buy rating and a price target of $1200.
The initiation of coverage by Loop Capital with a Buy rating and a high price target of $1200 is a strong positive signal for NVIDIA. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100