Nvidia, AMD shares jump as AI optimism spurs analyst price target hikes

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AMD (AMD) price target lifted at TD Cowen as analyst expects solid 4Q results

January 18, 2024 10:52 AM EST

The AMD (NASDAQ: AMD) price target was lifted to $185 from $130 per share at TD Cowen on Thursday, with analyst Matthew Ramsay maintaining an Outperform rating on the stock.

Ramsay told investors in a Q4 preview note that Challenges in Gaming and the... More

NVIDIA (NVDA) PT Raised to $790 at Tigress Financial Partners

January 17, 2024 4:52 PM EST

Tigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $790.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $790 as its leadership position in AI hardware and software infrastructure will continue to be a core holding in the 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 super cycle, revenue and cash flow growth, and greater... More