Argus Research Maintains Buy on NVIDIA, Adjusts Price Target To $150 (stock split 1:10)
Portfolio Pulse from Benzinga Newsdesk
Argus Research has maintained its Buy rating on NVIDIA (NASDAQ:NVDA) and adjusted the price target to $150 from $110, following a 1:10 stock split.
June 11, 2024 | 5:16 pm
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Argus Research has maintained its Buy rating on NVIDIA and increased the price target to $150 from $110, following a 1:10 stock split.
The increase in the price target from $110 to $150 by Argus Research, coupled with the maintained Buy rating, is likely to positively impact NVIDIA's stock price in the short term. The 1:10 stock split makes the stock more accessible to a broader range of investors, which can also drive demand.
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