NVIDIA (NVDA) option IV near low end of range as shares trade $415

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Go back to NVIDIA (NVDA) option IV near low end of range as shares trade $415

NVIDIA (NVDA) PT Raised to $560 at Tigress, 'emerges as a core holding in the generative AI investment theme'

July 7, 2023 10:13 AM EDT

Tigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $560.00 while maintaining a Buy rating.

The analyst comments "

We reiterate our Buy rating on NVDA and increase our 12-month target price to $560 as NVDA emerges as a core holding in the generative AI investment theme and remains at the forefront of generative AI technology development across all aspects of implementation that will continue to drive a new AI-driven business upcycle, revenue and cash flow growth, and greater shareholder value creation. NVDA will be a major beneficiary of the... More