Breakdown of Brokerage Targets on NVIDIA: Price Adjustments and Market Sentiments
NVIDIA ($NVDA) experiences a pre-market surge of +15%.
• UBS reduces its price target to $800 from $850.
• KeyBanc raises its price target to $1,100 from $740.
• HSBC raises its price target to $880 from $835.
• JPMorgan raises its price target to $850 from $650.
• Stifel raises its price target to $910 from $865.
• Deutsche Bank raises its price target to $720 from $560.
• DA Davidson raises its price target to $620 from $410.
• Cantor Fitzgerald raises its price target to $900 from $775.
• Bernstein raises its price target to $1,000 from $700.
• Wolfe Research raises its price target to $900 from $630.
• Morgan Stanley raises its price target to $795 from $750.
• BofA Securities raises its price target to $925 from $800.
• Truist Securities raises its price target to $911 from $691.
• Goldman Sachs raises its price target to $875 from $800.
The median price target for $NVDA has risen to $880, a $140 increase (19%) from yesterday. Several equity research firms are predicting the stock to surpass $1000. If $NVDA reaches this milestone, it would become the third company in US history to achieve a $2.5 trillion market cap.
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