1 Wall Street Analyst Says Nvidia Is Going to $175. Is It a Buy Around $147?
From Nasdaq: 2024-11-13 15:20:56
Nvidia, the leader in AI investing, has seen a dip in attention as focus shifts to the election. However, analysts are optimistic about its upcoming earnings report, with Piper Sandler raising its price target to $175. With a strong position in the AI market, Nvidia remains a top buy.
Investors shouldn’t overlook Nvidia, the most valuable company globally at $3.6 billion, given its AI dominance and upcoming earnings report. While competition exists, Nvidia’s Blackwell platform and CUDA software library keep it ahead. High expectations are priced in, but long-term prospects remain strong.
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