1 Wall Street Analyst Thinks Nvidia Stock Is Going to $178. Is It a Buy?
Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.
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The company has regularly impressed the market with earnings ahead of expectations but it might struggle to do so this time.
Nvidia (NVDA) was in focus on Thursday as several Wall Street firms upped their price targets on the semiconductor giant ahead of its fiscal third-quarter results. Read for more.
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