Analyst Raises Nvidia’s Price Target to $985, Citing Continued AI Dominance
Key Points: Tigress Financial analyst Ivan Feinseth maintains a "buy" rating on Nvidia and raises the price target from $790 to $985 per share. Nvidia is recognized for its leadership in advanced GPUs and accelerated processing technologies, driving growth in the data center and AI sectors. The new price target suggests a potential 27% increase from the current stock price. As AI adoption expands across industries, Nvidia is poised to benefit from sustained revenue and cash flow growth. In a...