Nvidia Stock Considered Undervalued by BofA Analysts

Reported about 1 month ago

Despite its recent all-time high, Nvidia's stock is deemed undervalued compared to its Big Tech rivals, according to Bank of America analyst Vivek Arya, who has raised the price target from $165 to $190 per share. Arya highlights Nvidia's leading role in a significant upcoming opportunity, with investors eagerly awaiting the company's third quarter earnings report set for November 19, 2024.

Source: YAHOO

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