Barclays Maintains Overweight on NVIDIA, Raises Price Target to $1200
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $1100 to $1200.
May 23, 2024 | 12:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays analyst Blayne Curtis maintains an Overweight rating on NVIDIA and raises the price target from $1100 to $1200, indicating strong confidence in the company's future performance.
The increase in the price target from $1100 to $1200 by Barclays, along with the maintained Overweight rating, suggests strong confidence in NVIDIA's future performance. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100