Reported 6 months ago
Bank of America suggests that Nvidia's stock has a potential to increase by 24% as the company is expected to lead the computing market for the next decade. The bank maintains a $1,500 price target, emphasizing Nvidia's position in enabling AI services and its multi-year lead in various aspects within the industry. This positive outlook comes amid Nvidia's record-high rally and anticipation of further growth, with the company's market cap surpassing that of Apple recently.
Source: YAHOO