Wells Fargo Maintains Overweight on NVIDIA, Raises Price Target to $1150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $970 to $1150.
May 14, 2024 | 1:38 pm
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Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on NVIDIA and increased the price target from $970 to $1150, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Aaron Rakers suggests a strong confidence in NVIDIA's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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IMPORTANCE 90
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