Wedbush Reiterates Outperform on NVIDIA, Maintains $1000 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has reiterated an Outperform rating on NVIDIA (NASDAQ:NVDA) and maintained a $1000 price target.
May 16, 2024 | 12:49 pm
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Wedbush analyst Matt Bryson has reiterated an Outperform rating on NVIDIA and maintained a $1000 price target, indicating strong confidence in the company's future performance.
The reiteration of an Outperform rating and a high price target of $1000 by a reputable analyst suggests strong confidence in NVIDIA's future performance. This is likely to positively impact the stock price in the short term as investors may view this as a strong buy signal.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100