Evercore ISI is bullish Nvidia , the best-performing S & P 500 stock this year, as the latest earnings season approaches. The firm called the chipmaker a top play and maintained its outperform rating and $600 price target. That forecast suggests 36.2% upside for the semiconductor company. "NVIDIA remains our top pick overall, positioned well into earnings season based on sustainability of AI spend and beat/raise on the come," analyst Matthew Prisco said in a Thursday note.
mountain NVDA in 2023 According to the Evercore ISI analyst, Nvidia's demand is sustainable through the first half of 2024, with networking and HBM, or high-bandwidth memory, demand inflections to come. He highlighted Nvidia as one of the few semiconductor leaders that screen attractively in earnings power for 2025.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: hackernoon - 🏆 532. / 51 Weiterlesen »