UBS Maintains Buy on NVIDIA, Raises Price Target to $1150
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $1100 to $1150.
April 30, 2024 | 3:25 pm
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UBS analyst Timothy Arcuri has raised the price target for NVIDIA from $1100 to $1150 while maintaining a Buy rating.
The increase in NVIDIA's price target by a reputable analyst from UBS suggests a positive outlook on the company's future performance. This adjustment reflects confidence in NVIDIA's growth prospects, likely influencing investor sentiment and potentially driving the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100