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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100