UBS Maintains Buy on NVIDIA, Raises Price Target to $1200
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $1150 to $1200.
May 23, 2024 | 2:01 pm
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POSITIVE IMPACT
UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA and raises the price target from $1150 to $1200, indicating strong confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst at UBS suggest 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