Nvidia stocks jump 8.5%, boosting outlook for quarter year results

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Investment firms have boosted their targets ahead of firm’s second-quarter results on Wednesday

Nvidia shares soared on Monday as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.

The average price target for the stock has been moving steadily higher recently, and is above $520 , up from $505 just a week ago. The current target implies an upside of about 11 per cent from current levels.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment Club Archives - The Gloss MagazineOnline
Source: TheGlossMag - 🏆 9. / 68 Read more »