Reported 11 days ago
Analysts are raising their price targets for Nvidia's stock, citing the company's dominance in artificial intelligence and strong earnings potential. Melius Research's Ben Reitzes has increased the forecast to $185, emphasizing Nvidia's long-term prospects similar to the revolutionary impact of Apple's early products. Other investment firms also echoed positive sentiments, anticipating robust quarterly results, despite increasing competition from companies like Amazon.
Source: YAHOO