Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $1160
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) and raised the price target from $1000 to $1160, indicating strong confidence in the company's future performance.
May 23, 2024 | 3:28 pm
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Morgan Stanley has maintained an Overweight rating on NVIDIA and raised the price target from $1000 to $1160, reflecting strong confidence in the company's future performance.
The raised price target and maintained Overweight rating from a reputable analyst at Morgan Stanley suggest a 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