Cantor Fitzgerald Maintains Overweight on NVIDIA, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $775 to $900.
February 22, 2024 | 6:34 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cantor Fitzgerald raised NVIDIA's price target from $775 to $900 while maintaining an Overweight rating.
The increase in NVIDIA's price target by a reputable analyst firm like Cantor Fitzgerald suggests a strong bullish outlook on the stock. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term. The Overweight rating reaffirms the firm's confidence in NVIDIA's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100