Bank of America (BAC) analysts have raised their price target on Nvidia (NVDA), emphasizing continued confidence in the semiconductor giant’s AI growth potential. The firm has increased its target from $165 to $190 per share, with analyst Vivek Arya citing Nvidia’s position at the forefront of the “generational opportunity” that lies ahead. This upward revision comes as Nvidia prepares to release its third quarter earnings results on November 19, 2024. Watch Bank of America’s Vivek Arya — the analyst behind the call — talk more about this with Yahoo Finance executive editor Brian Sozzi on this morning’s Opening Bid. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
#youtube #news #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
