Nvidia Stock Gets A Price Target Hike From Goldman On Strategic Investments In OpenAI, Other Companies: Report
According to a CNBC report, Schneider hiked the price target on Nvidia to $210 from $200, while maintaining a ‘Buy’ rating.
Goldman Sachs analyst James Schneider reportedly raised the price target on Nvidia Corp. (NVDA) stock, stating that the AI bellwether’s strategic investments and partnerships with companies like OpenAI will drive the stock further upward.
According to a CNBC report, Schneider hiked the price target on Nvidia stock to $210 from $200, while maintaining a ‘Buy’ rating. The new price target implies a potential upside of nearly 12% from Friday’s closing price of $187.62.
Get updates to this story developing directly on Stocktwits.
Also See: Tesla Sales In Germany Tumble Over 9% In September
For updates and corrections, email newsroom[at]stocktwits[dot]com.
