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Tuesday's biggest analyst calls: Nvidia price target hike, JPMorgan says buy e-commerce stock

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Stock Markets,Shopify Inc,Shopify Inc

A chip giant and an e-commerce company were among the names being talked about by analysts on Tuesday.

Oppenheimer raised its price target on Nvidia after the company completed a 10-for-1 stock split. Meanwhile, JPMorgan initiated Shopify with an overweight rating. Check out the latest calls and chatter below. All times ET. 5:41 a.m.: Oppenheimer raises Nvidia price target after stock split Nvidia's momentum will continue, according to Oppenheimer.

mountain SHOP year to date "We believe Shopify's product breadth, ease of use, and scale are distinct competitive advantages that will continue to fuel industry-leading growth," Smith wrote. "We model 18% compounded revenue growth through '26 as SHOP benefits from the secular shift toward e-comm and scales growth initiatives and think the recent pullback creates an attractive entry opportunity for new investors.

 

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