TD Cowen Maintains Outperform on NVIDIA, Raises Price Target to $1100
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains an Outperform rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $900 to $1100, indicating a positive outlook on the company's future performance.
March 21, 2024 | 3:41 pm
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TD Cowen analyst Matthew Ramsay maintains an Outperform rating on NVIDIA and raises the price target from $900 to $1100.
The increase in price target from $900 to $1100 by a reputable analyst suggests a strong confidence in NVIDIA's future performance and growth prospects. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in NVDA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100