Craig-Hallum Maintains Buy on NVIDIA, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $700 to $850.
February 22, 2024 | 6:48 pm
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POSITIVE IMPACT
Craig-Hallum analyst Richard Shannon maintains a Buy rating on NVIDIA and raises the price target from $700 to $850.
The increase in NVIDIA's price target by a reputable analyst firm like Craig-Hallum, along with the maintenance of a Buy rating, is a strong positive signal to the market. This action suggests a bullish outlook on NVIDIA's future performance, potentially leading to increased investor confidence and a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100