Despite Nvidia's rally, some say the stock is actually cheaper

Go back to Despite Nvidia's rally, some say the stock is actually cheaper

Citi Out Positive on NVIDIA (NVDA)

May 31, 2023 10:43 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $420.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Mercury Research released 1Q23 graphics data yesterday. While the data is backward looking, we saw on a Q/Q basis that NVDA GPU revenue... More

Key product announcements boost NVIDIA's (NVDA) AI position - BofA

May 31, 2023 9:53 AM EDT

BofA analyst Vivek Arya lifted the NVIDIA (NASDAQ: NVDA) price target to $500 from $450 per share in a note Wednesday, maintaining a Buy rating on the stock.

The upgrade follows the Nvidia CEO's keynote at the annual computer expo, Computex, in Taiwan over the holiday weekend,... More