Like a pop star, Nvidia's CEO Huang stirs up 'Jensanity' in Taiwan

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Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA) Following Mgmt Meet

June 5, 2024 3:14 PM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $1,200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We attended a group meeting with Founder, President and CEO Jensen Huang in Taiwan on the side of Computex 2024. Mr. Huang discussed his... More

NVIDIA (NVDA) BofA: NVDA best positioned to enable IT industry towards delivering AI services

June 5, 2024 6:42 AM EDT

Bank of America reinforced its bullish stance on NVIDIA (NASDAQ: NVDA) in a note Wednesday, calling it a "top sector pick" and maintaining a Buy rating and price target of $1,500 per share.

BofA cites a recent meeting with Nvidia executives who emphasized "very positive" demand and a growing customer base limited only by supply constraints. The firm sees Nvidia as "NVDA best positioned to... More