Reported 3 months ago
Bank of America has reiterated its 'Buy' rating for Nvidia (NVDA) ahead of earnings, predicting the company's quarterly revenue to reach $43.38 billion, a 66% increase from last year. Analysts are optimistic about Nvidia's performance, with a consensus 'Buy' rating and an average price target of $160, suggesting significant upside potential. The firm believes Nvidia is well-positioned in the AI market, despite potential challenges.
Source: YAHOO