Despite recent volatility, analysts remain bullish on NVDA stock, with Cantor Fitzgerald raising their price target to $175, reflecting a potential 39% increase. The analysts believe Nvidia’s advancements in technological innovation, particularly in AI integration, will continue to drive growth. Nvidia’s competitive advantage and ongoing innovations position the company for further success, despite concerns about recent market corrections. While NVDA stock has faced selling pressure in recent sessions, analysts see a high ceiling for growth potential. It remains to be seen how Nvidia will navigate the current market conditions and investor sentiment going forward.
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https://investorplace.com/2024/06/cantor-fitzgerald-just-raised-its-price-target-on-nvidia-nvda-stock-2/
