Nvidia: Analysts raise price targets as GTC event continues
03/20/2024 03:37
Nvidia's (NVDA) AI conference has entered its second day, with Wall Street analysts reacting positively to the company's unveiling of new products. Major firms such as Wells Fargo and Goldman Sachs have raised their price targets on Nvidia's stock. Analysts from prominent institutions like JPMorgan, Bank of America, and AB Bernstein have issued bullish reviews, with the latter playfully remarking, "Move over Taylor Swift, you're not the only one that can sell out a stadium." Yahoo Finance's Josh Lipton and Alexandra Canal discuss how Nvidia's lack of competition fuels investor optimism. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Nvidia's (NVDA) AI conference has entered its second day, with Wall Street analysts reacting positively to the company's unveiling of new products. Major firms such as Wells Fargo and Goldman Sachs have raised their price targets on Nvidia's stock. Analysts from prominent institutions like JPMorgan, Bank of America, and AB Bernstein have issued bullish reviews, with the latter playfully remarking, "Move over Taylor Swift, you're not the only one that can sell out a stadium."
Yahoo Finance's Josh Lipton and Alexandra Canal discuss how Nvidia's lack of competition fuels investor optimism.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith