From StockTwits: 2025-01-02 10:18:33

DA Davidson initiated coverage of Nvidia with a ‘Neutral’ rating and $410 price target, citing vulnerability as AI hype reaches a low. Conversely, Bank of America reiterated Nvidia as its top pick ahead of CES, predicting a positive catalyst for the company’s platform dominance in high-growth markets. Retail sentiment on Stocktwits shifted to ‘neutral’ from ‘bearish,’ with an average price target of $172.80. Nvidia’s stock doubled in value in 2024 and may surpass Apple and Microsoft in value if growth continues. Analysts and investors await Nvidia CEO Huang’s CES keynote for insight into the stock’s future momentum.



Read more at StockTwits: Nvidia Stock Climbs On BofA’s Bullish Outlook Ahead Of CES Keynote: Retail Remains Cautious