1 Wall Street Analyst Thinks Nvidia Stock Is Going to $190. Is It a Buy?
After a torrid 548% run over the past two years, Nvidia (NASDAQ: NVDA) shares have largely been flat since November. That's understandable as investors digest its growth prospects in a rapidly changing artificial intelligence (AI) industry.However, one Wall Street analyst thinks shares are ready to pop again. KeyBanc's John Vinh rates the stock as overweight and just raised his price target from $180 to $190 per share. The new target implies more than 40% upside for Nvidia's shares.Continue reading
After a torrid 548% run over the past two years, Nvidia (NASDAQ: NVDA) shares have largely been flat since November. That's understandable as investors digest its growth prospects in a rapidly changing artificial intelligence (AI) industry.
However, one Wall Street analyst thinks shares are ready to pop again. KeyBanc's John Vinh rates the stock as overweight and just raised his price target from $180 to $190 per share. The new target implies more than 40% upside for Nvidia's shares.
