HSBC Maintains Buy on NVIDIA, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Frank Lee maintains a Buy rating on NVIDIA and raises the price target from $135 to $145.
August 21, 2024 | 3:14 pm
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HSBC analyst Frank Lee has reiterated a Buy rating for NVIDIA and increased the price target from $135 to $145, indicating confidence in the company's future performance.
The increase in price target from $135 to $145 by HSBC suggests a positive outlook for NVIDIA's stock, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100