Oppenheimer raised the firm’s price target on Nvidia to $300 from $275 and keeps an Outperform rating on the shares after the company’s Spring GTC 2023 followed by its Analyst Day. The event showcased Nvidia’s full stack AI developments from AI training/inference, semiconductors, software libraries, systems and cloud services.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NVDA:
- Nvidia Jumps after Receiving Analyst Praise from GTC Conference
- Nvidia Stock: GTC Confirms the AI Opportunity, but the Goodness Is Priced in, Says Deutsche Bank
- Nvidia price target raised to $220 from $200 at Deutsche Bank
- Nvidia (NASDAQ:NVDA) Dodges China Chip Restrictions with H800
- Nvidia price target raised to $310 from $275 at BofA