NVIDIA NVDA Gains Positive Rating Upgrade and Price Target Boost
NVIDIA Corporation NVDA, recognized for its dominance in GPUs and AI technologies, recently received an “Overweight” rating from Piper Sandler. The new price target was raised from $180 to $225, signaling a positive outlook.
As of now, NVDA was trading at $183.16, having surged by 48.9% over the past three months. This notable increase is indicative of the companyโs strong position in the tech sector.
The stock displayed fluctuations during trading, suggesting ongoing investor interest. As NVDA approaches its all-time highs, investors remain optimistic about its growth trajectory.