We hiked our Nvidia price target encouraged by new highs after Goldman Sachs’ bear case takedown

Source: cnbc.com cnbc.com

Key Topics in this News Article:

News Snapshot:

Just how much bigger will Nvidia get in 2025 has emerged as a key among investors, even as the stock finished Monday at its third consecutive record high close. There are lots of price target hikes out there, including ours. Goldman Sachs on Monday planted its flag in the camp of 2025 optimists — simultaneously arguing against a pillar of the Nvidia bear case and raising its price target to $800 per share from $625. The new Goldman price target — which implies nearly 15.5% upside from Monday's — isn't even the highest on the Street. Rosenblatt Securities is at...