Truist

Truist Increases Price Target on Nvidia (NVDA) Stock

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Truist Increases Price Target on Nvidia (NVDA) Stock

Wall Street’s continued fascination with NVIDIA (NASDAQ:NVDA) stocks persists following Truist’s decision to raise its target price from $128 to $140 per share, representing a 13% increase from current levels. This adjustment comes at a time when Nvidia recently surpassed Microsoft (NASDAQ:MSFT) as the world’s most valuable publicly traded company. Truist, however, believes that despite … Read more

Truist raises Nvidia stock target to show the potential for further growth: ‘Number one can become number one-er’ – According to Investing.com

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Truist raises Nvidia stock target to show the potential for further growth: ‘Number one can become number one-er’ – According to Investing.com

Nvidia’s market valuation has soared to become the top-ranked company, surpassing Microsoft. Despite recent declines in share prices, analysts believe that Nvidia has the potential to maintain its top position. Truist Securities conducted a comprehensive analysis, showing that historically, companies that have reached the number one market capitalization spot have underperformed in the short term … Read more