Zhitong
2024.06.26 00:13
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NVIDIA's market value returns to $3 trillion, Bank of America includes it in the best stock list

NVIDIA's market value has returned to the $3 trillion club, with Bank of America including it in its best stock list and giving it a target price of $150. Analysts generally hold a moderate buy rating on NVIDIA, with an average target price of $122.13. According to reports, NVIDIA's artificial intelligence chips and business are highly regarded

Zhītōng Cáijīng APP noticed that on Tuesday, NVIDIA (NVDA.US) rose, with a market value returning to the $3 trillion club. Previously, Bank of America included NVIDIA's stock in its best stock list.

At the same time, Bank of America reiterated its "buy" rating on NVIDIA's stock, with a target price of $150.

Bank of America emphasized that NVIDIA is one of the best stocks in the market. This makes sense, as analysts have been praising NVIDIA and are also very interested in its artificial intelligence (AI) chips and business.

According to records, analysts' general view on NVIDIA is a mild buy, with an average target price of $122.13