From Zacks Investment Research: 2024-05-03 10:52:34

Analyst recommendations can impact a stock’s price, but their reliability is questionable. Nvidia has an average brokerage recommendation of 1.20, leaning towards Buy. However, studies show analysts tend to be overly optimistic due to their firms’ interests. Consider Zacks Rank for a more accurate prediction of stock price movement.

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Read more at Zacks Investment Research: Wall Street Analysts Think Nvidia (NVDA) Is a Good Investment: Is It? – May 3, 2024