News Formal

RBC hikes Nvidia's price target to highest on Wall Street ahead of earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: RBC hikes Nvidia's price target to highest on Wall Street ahead of earnings Check out CNBCPro and get your first 30 days free.

is in for strong earnings this week, according to RBC Capital Markets.

The firm raised its earnings estimates and hiked its price target to $301 per share from $251 per share, making RBC the highest target price on Wall Street, according to FactSet. The new target implies about 19% upside from Friday's closing price of $251.59 per share.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Buy these stocks on the dip related to the coronavirus, Wall Street analysts sayWall Street analysts say there are plenty of stocks to bolster your portfolio despite the economic uncertainty brought on by coronavirus. Pure speculation, if not straight gambling No Shameful cnbc
Source: CNBC - 🏆 12. / 72 Read more »