Nvidia Stock Jumps As Analyst Predicts $200 Share Price: 'The Real Narrative Lies In The Software'
Portfolio Pulse from Adam Eckert
Nvidia Corp (NASDAQ:NVDA) shares hit new all-time highs following positive analyst coverage. Rosenblatt analyst Hans Mosesmann raised the price target to $200, citing strong earnings potential from Nvidia’s hardware and software. Wells Fargo also raised its price target to $155.
June 18, 2024 | 7:54 pm
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Nvidia shares surged to new highs after Rosenblatt and Wells Fargo raised their price targets to $200 and $155, respectively. Analysts cite strong earnings potential from Nvidia’s hardware and software.
The positive analyst ratings and increased price targets from Rosenblatt and Wells Fargo are likely to boost investor confidence and drive short-term price appreciation. The focus on Nvidia’s software and hardware potential supports a strong earnings outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100