Reported 1 day ago
Nvidia's shares climbed by nearly 5% on Tuesday due to upgraded price targets from analysts ahead of the company's quarterly earnings report. Truist Securities set a new price target of $167, suggesting a 19% potential gain, while Stifel raised their target to $180, indicating a possible 28% increase. Analysts are optimistic about Nvidia's ability to exceed market expectations, particularly in relation to growing demand in the data center sector and the upcoming release of its Blackwell AI architecture.
Source: YAHOO