Daiwa Upgrades NVIDIA Target Price, Calls Stock Undervalued

Reported 1 day ago

Daiwa has raised its price target for NVIDIA Corporation (NASDAQ:NVDA) from $165 to $205, citing the chipmaker's undervaluation. The firm maintains an 'Outperform' rating and highlights NVIDIA's leadership in AI solutions, particularly under CEO Jensen Huang. While recognizing NVDA's investment potential, they caution that other AI stocks may provide better returns with less risk.

Source: YAHOO

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