JP Morgan Maintains Overweight on NVIDIA, Raises Price Target to $1150
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $850 to $1150.
May 23, 2024 | 12:30 pm
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JP Morgan analyst Harlan Sur has maintained an Overweight rating on NVIDIA and raised the price target from $850 to $1150, indicating strong confidence in the company's future performance.
The increase in the price target from $850 to $1150 by a reputable analyst at JP Morgan suggests a strong positive outlook for NVIDIA's stock. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100