Investment Firms Raise NVIDIAs Target Prices To Extraordinary Levels
The post Investment Firms Raise NVIDIAs Target Prices To Extraordinary Levels appeared first on Coinpedia Fintech News
The global leader in AI computing is soaring higher amidst the rapid AI growth. The investment firms like Stifel, Baird, and Barclays have raised the target prices. Stifel raised from $1,085 to $910. Further, Barclays raised the price to $1,100 from $850 and Baird raised the target price to $1,200 from $1,050, indicating Nvidias future stock surge. Experts believe that Nvidia will continue leading the AI space with its Q1 revenue set to break previous records, which will be released on May 22. Notably, a 6x surge in Nvidias shares since 2023 has made it one of the most valuable firms on Wall Street.
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