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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

NVIDIA Corp. (NVDA) Hits New All-Time High as Analyst Raises Price Target by 47%

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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67% Informative

NVIDIA Corp. saw its share prices rally to a new all-time high on Wednesday after earning a whopping $ 250 price target from an investment firm.

Loop Capital raised its price target by 47 percent to $ 250 from $ 170 previously.

According to Loop Capital , the “math just works” for NVIDIA Corporation (NASDAQ: NVDA ), adding that the market is entering the next golden wave of generative AI .

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