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What's Going On With Nvidia Stock Monday?
NVIDIA Corp (NASDAQ:NVDA) shares are trading higher Monday. Multiple analysts raised price targets on the stock ahead of earnings this week. Here’s a look at what you need to know.
What To Know: Baird analyst Tristan Gerra maintained Nvidia with an Outperform rating and raised the price target from $1,050 to $1,200. Stifel analyst Ruben Roy maintained Nvidia with a Buy rating and raised the price target from $910 to $1,085 and Rosenblatt analyst Hans Mosesmann maintained a Buy rating and price target of $1,400.
The positive analyst updates come just days ahead of earnings. Nvidia is set to report its fiscal first-quarter financial results after the market close on Wednesday. The company is expected ...