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So, the news that weighed on Nvidia stock a few weeks ago looks like a thing of the past -- and shouldn't hurt demand for the stock. 3. Nvidia stock looks like a bargain. Nvidia stock, after the ...
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Tom O'Malley at Barclays last week raised his target price on Nvidia to $175 per share, up from $160 per share. That forecast implies nearly 28% upside from its current share price of $137.
On the heels of today's gains, Nvidia stock is now up 200% over the last year of trading. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
Nvidia stock rose nearly 5% on Tuesday, following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon.In a client note this ...
And given that Nvidia stock is trading at 31 times forward earnings, which is slightly lower than the tech-laden Nasdaq-100 index's earnings multiple of 32.5, investors can consider buying it ...