Apple’s stock is under pressure, but NVIDIA’s stock receives positive target price boosts from multiple analysts.
Stock AI’s forecasts:
🟢 +1.0% short-term ⬆️
🟢 +4.4% long-term ⬆️
Stock AI’s (NVDA) Forecast get (+65.5% Profit)
StockAI’s analysis delivers real-world results. On 04 January 2024, $NVDA ($481.44), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $797.0 (🟢65.5%). Buying NVDA on this signal yielded a +65.5% profit 💰💰.
NVDA-NVIDIA Corporation News
🟢 Susquehanna reaffirmed positive rating on NVDA stock with $1,050 target price, indicating potential upside.
🔴 Citigroup raised NVDA’s price target from $820 to $1,030, showing bullish sentiment.
🟢 Raymond James increased NVDA’s price target from $850 to $1,100, suggesting strong buy rating.
🟢 Piper Sandler raised NVDA’s price target from $850 to $1,050, indicating overweight rating.
🔴 NVIDIA Director John Dabiri sold 128 shares at $940 each, potentially signaling lack of confidence.
🔴 NVIDIA Director Mark A. Stevens sold 22,700 shares at $879.97 each, possibly impacting investor sentiment.
NVIDIA Corporation stock has recently seen a mix of positive and negative news. While several analysts have raised price targets and reaffirmed positive ratings on the stock, insider selling by top executives may have raised concerns among investors. The positive news from analysts could potentially drive the stock price higher in the short term, while insider selling may lead to some downward pressure. Overall, the positive sentiment from analysts could outweigh the impact of insider selling, but investors should monitor the situation closely for any further developments.
NVDA-NVIDIA Corporation Analyst Ratings
In recent analyst ratings for NVIDIA Corporation stock, there have been several changes that investors should take note of:
📉 Piper Sandler raised their price target on NVDA stock from $850.00 to $1,050.00 and maintained an overweight rating on the stock.
📈 Raymond James increased their price target on NVIDIA stock from $850.00 to $1,100.00 and reiterated their strong-buy rating.
📉 Morgan Stanley raised their price target on NVDA stock from $795.00 to $1,000.00 and maintained an overweight rating.
These recent analyst ratings indicate a positive outlook for NVIDIA Corporation stock, with price targets being raised and buy ratings being reiterated.
Sources:
1. Piper Sandler
2. Raymond James
3. Morgan Stanley
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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