Nvidia (NVDA) shares get a bump higher ahead of Monday’s market close after two separate analyst teams raised their price target on the chip stock: Loop Capital maintained its Buy rating while raising its price target from $120 to $175 per share; Piper Sandler analysts held the stock at Overweight while moving their price target from $120 to $140. Both firms are raising their price targets on reports the semiconductor manufacturer is working on a new Blackwell AI chip for Chinese markets. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Nvidia receives price target lifts over new AI chip for China
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