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BofA Securities Sees 4 Reasons NVIDIA (NVDA) Stock Reaction Could Be Negative After Earnings; PT to $250

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NVIDIA (NVDA) PT Raised to $250 at Rosenblatt Even Though ARM Deal Might Not Happen

August 4, 2021 6:31 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "We are taking our price target for Buy rated NVDA to $250 from $200 based on earnings power over $6.00 for FY24 (calendar 2023) on best-in-class AI play... More