NVIDIA Corp. Stock Price: Updated Price Targets
Bullish Outlook: Analysts Raise Average Target to $124.26
Analysts have revised their price targets for NVIDIA Corp. (NVDA) higher, indicating a bullish outlook for the semiconductor company. The average target price has been raised to $124.26, marking a 2.8% increase from the current market price of $121.36.
Highest Target of $150
Among the analysts covering NVIDIA, the most optimistic is Rosenblatt Securities, which has set a target price of $150. This represents a potential upside of 24.06% if the company meets analyst expectations.
Historical Price Target Trend
Over the past five years, NVIDIA's average price target has shown a steady upward trend. In 2018, it stood at $216.86, and it has gradually risen to the current level of $124.26. This indicates a positive long-term outlook for the company's stock.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
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