NVIDIA (NASDAQ: NVDA) Starts Receiving Wall Street Laurels for the Stellar RTX 30 Series Cards – Bank of America Pegs a New Street-High Stock Price Target

NVIDIA (NASDAQ: NVDA) Starts Receiving Wall Street Laurels for the Stellar RTX 30 Series Cards – Bank of America Pegs a New Street-High Stock Price Target

4 years ago
Anonymous $UzyKJJH9oy

https://wccftech.com/nvidia-nasdaq-nvda-starts-receiving-wall-street-laurels-for-the-stellar-rtx-30-series-cards-bank-of-america-pegs-a-new-street-high-stock-price-target/

NVIDIA (NASDAQ:NVDA), the pre-eminent graphic cards maker, has transformed into a unidirectional play as its shares keep traversing a seemingly endless upward ramp. This incessant bullish rally has resulted in year-to-date gains of over 130 percent, based on yesterday’s all-time high closing price of $552.84.

Today, NVIDIA investors have received a fresh impetus following a chorus of stock price upgrades from Wall Street behemoths. To wit, Bank of America (NYSE:BAC) has come forward today with a new street-high stock price target of $650 for NVIDIA shares, up from the earlier peg at $600. BofA analyst, Vivek Arya, retained a ‘Buy’ rating for the stock while noting: