Citi raised the firm’s price target on Nvidia (NVDA) to $220 from $210 and keeps a Buy rating on the shares ahead of the earnings report on November 19. Citi also opened an “upside 30-day short-term view” on Nvidia. The firm expects the company to beat estimates and up its outlook. It finds the stock’s valuation attractive at current levels.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- China suspends export controls on gallium, germanium, NY Times reports
- Quantum Computing News: DARPA Picks 11 Startups, Quantinuum Unveils Helios, LG Bets on Pasqal
- Is CoreWeave Stock (CRWV) a Buy Ahead of Earnings?
- ‘Load Up on Nvidia Stock,’ Says Top Investor – 4 Reasons Why
- PLTR vs. AMD vs. SMCI: Which AI Stock Is Wall Street Bullish on Amid Valuation Woes?
