Raymond James Maintains Strong Buy on NVIDIA, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri maintains a Strong Buy rating on NVIDIA and raises the price target from $120 to $140.
August 29, 2024 | 9:51 am
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Raymond James has reiterated its Strong Buy rating on NVIDIA and increased the price target from $120 to $140, indicating confidence in the company's future performance.
The increase in price target from $120 to $140 by Raymond James suggests a positive outlook on NVIDIA's future performance. The Strong Buy rating indicates strong confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100