1 Wall Street Analyst Thinks Nvidia Stock Is Going to $175. Is It a Buy Around $140?
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Nvidia's stock has seen a significant rise of 171% in 2024 due to increased demand for its AI chips, with a Wall Street analyst predicting a potential price target of $175. The stock is currently around $140.
January 13, 2025 | 12:30 pm
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Nvidia's stock has increased by 171% in 2024 due to high demand for its AI chips. A Wall Street analyst has set a price target of $175, suggesting potential for further growth from its current price of around $140.
The significant rise in Nvidia's stock price is attributed to the booming demand for its AI chips, which has driven revenue and earnings growth. The analyst's price target of $175 indicates potential for further appreciation, making the stock attractive at its current level.
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