After NVIDIA released its Q1 earnings report, Baird raised its price target from $300 to $500, Bank of America from $320 to $350, Benchmark from $250 to $335, Jefferies from $275 to $300, and JPMorgan from $265 to $280. The current NVDA stock price is approximately $223.
NVIDIA's Q1 earnings prompt multiple banks to raise price targets
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Summary
NVIDIA's Q1 earnings triggered a wave of upward price target revisions from major banks. Baird raised its target to $500 from $300, Morgan Stanley to $350 from $320, Benchmark to $335 from $250, Jefferies to $300 from $275, and JPMorgan to $280 from $265. The stock currently trades around $223. This crypto price news highlights strong investor sentiment amid AI-driven demand. More crypto news will follow as the market reacts.
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