Barclays Maintains Overweight on NVIDIA, Adjusts Price Target To $145 (reverse stock split 1:10)
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and adjusts the price target to $145 from $1200, reflecting a 1:10 reverse stock split.
June 10, 2024 | 2:02 pm
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Barclays maintains an Overweight rating on NVIDIA and adjusts the price target to $145 from $1200, reflecting a 1:10 reverse stock split.
The Overweight rating suggests a positive outlook from Barclays, and the adjusted price target reflects the recent reverse stock split. This is likely to have a positive short-term impact on NVIDIA's stock price as it indicates confidence from a major analyst.
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IMPORTANCE 80
RELEVANCE 100