Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $116 to $144.
July 01, 2024 | 11:08 am
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POSITIVE IMPACT
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on NVIDIA and raises the price target from $116 to $144.
The raised price target and maintained Overweight rating from a reputable analyst at Morgan Stanley is likely to positively impact NVIDIA's stock price in the short term. Investors often react favorably to such updates, especially when the price target is significantly increased.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100