Analysts Lift Price Targets on Nvidia
Cantor Fitzgerald Lifts Target to $1400
Analysts are becoming increasingly bullish on Nvidia (NVDA), with Cantor Fitzgerald recently lifting its price target on the stock to $1400. This represents a significant increase from the previous target of $1250. The analysts cited the company's strong growth prospects in the areas of artificial intelligence, gaming, and data center computing as reasons for their optimism.
NVDA Stock Forecast
The analysts at Cantor Fitzgerald are not the only ones who are看好NVDA shares. Many other analysts have also raised their price targets on the stock in recent weeks. This has led to a significant rally in the stock price, which is now up over 50% year-to-date.
The consensus price target for NVDA is now $350, which is significantly higher than the current share price of $290. This suggests that there is still plenty of upside potential for the stock.
However, it is important to note that all investments carry risk. The stock market is volatile, and it is always possible that NVDA's stock price could decline. Therefore, it is important to do your own research before investing in any stock.
Comments