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ubs raises nvidia price target to 185 amid strong revenue expectations

UBS has raised its price target for NVIDIA to $185 from $150, maintaining a Buy rating amid strong investor expectations and anticipated robust financial results. The firm projects third-quarter revenues between $34.5 billion and $35 billion, with fourth-quarter guidance around $37 billion, potentially reaching $39 billion. Other analysts, including Morgan Stanley and Piper Sandler, have also increased their price targets, reflecting confidence in NVIDIA's market position and growth prospects in the AI sector.
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Piper Sandler Companies NVIDIA Corporation Morgan Stanley Taiwan Semiconductor Manufacturing Co UBS AG Melius OpenAI USA TWN Show more
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19:13 11.11.2024
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