Morgan Stanley Maintains Overweight on NVIDIA, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on NVIDIA and raises the price target from $144 to $150.
August 29, 2024 | 12:54 pm
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POSITIVE IMPACT
Morgan Stanley's analyst Joseph Moore has reaffirmed an Overweight rating on NVIDIA and increased the price target from $144 to $150, indicating a positive outlook on the stock.
The increase in price target from $144 to $150 by a reputable analyst at Morgan Stanley suggests a positive outlook for NVIDIA's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100