Goldman Sachs Maintains Buy on NVIDIA, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Buy rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $875 to $1000.
March 20, 2024 | 1:12 pm
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Goldman Sachs has reaffirmed its Buy rating on NVIDIA and raised the price target to $1000 from $875.
The increase in price target by a reputable analyst like Goldman Sachs typically signals strong confidence in the company's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up NVIDIA's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100