Raymond James Maintains Strong Buy on NVIDIA, Raises Price Target to $1100
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has maintained a Strong Buy rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $850 to $1100.
April 11, 2024 | 5:09 pm
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Raymond James has reaffirmed NVIDIA's Strong Buy rating and raised the price target from $850 to $1100.
The upgrade in NVIDIA's price target by a reputable analyst firm like Raymond James typically signals strong confidence in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100