Wells Fargo Maintains Overweight on NVIDIA, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on NVIDIA and increased the price target from $155 to $165.
August 29, 2024 | 12:28 pm
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Wells Fargo has maintained an Overweight rating on NVIDIA and increased its price target from $155 to $165, indicating a positive outlook on the stock.
The increase in price target from $155 to $165 by Wells Fargo suggests a positive outlook for NVIDIA's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in NVIDIA's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100