Jefferies Reiterates Buy Rating on NVIDIA (NVDA); Ecosystem Chasing NVDA

NVIDIA Corporation (NASDAQ:NVDA) is highlighted in the AI Stocks in the Spotlight This Week. Jefferies reiterated the stock as “Buy” on October 17.

Analysts see everyone chasing Nvidia’s ecosystem, with a consensus “Buy” rating and an average price target of $215, implying a 17.35% upside. The Street-high target is $389, suggesting a 112.7% upside. NVDA specializes in AI-driven solutions for various sectors.