NVIDIA (NVDA) PT Raised to $250 at BofA/Merrill Lynch; New 'Street High'

October 15, 2019 7:27 AM EDT
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Price: $228.40 +4.08%

Rating Summary:
    37 Buy, 16 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 16 | New: 32
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BofA/Merrill Lynch analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $225.00) while maintaining a Buy rating. The new price target is a 'Street High'.

  • Natural Language Processing next big step for AI.
  • "NVDA’s data center growth is on the cusp of benefitting from the next-big AI landmark – the ability to accurately listen, understand, speak and contextualize human speech, referred to as natural language processing (NLP)/conversational AI. "
  • maintains Top Pick.

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