Wedbush Maintains Outperform on NVIDIA, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson has maintained an 'Outperform' rating on NVIDIA and raised the price target from $120 to $138, indicating a positive outlook for the company's stock.
August 23, 2024 | 4:35 pm
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Wedbush analyst Matt Bryson has maintained an 'Outperform' rating on NVIDIA and increased the price target from $120 to $138, suggesting a positive short-term outlook for the stock.
The increase in the price target from $120 to $138 by Wedbush, along with the maintained 'Outperform' rating, suggests that the analyst expects NVIDIA's stock to perform well in the short term. This is likely to positively influence investor sentiment and could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100