NVIDIA shares are trading higher after Wells Fargo raised its price target from $125 to $155. Additionally, Rosenblatt raised its price target from $140 to $200.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA shares are trading higher after Wells Fargo raised its price target from $125 to $155.
June 18, 2024 | 4:01 pm
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NVIDIA shares are experiencing an upward trend following Wells Fargo's decision to raise its price target from $125 to $155.
The increase in price target by a major financial institution like Wells Fargo is a strong positive signal for investors, indicating confidence in NVIDIA's future performance. This is likely to drive short-term buying interest and push the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100