Up $28.09 (+13.53%) at $235.63
From Barron's, Updated Feb. 23, 2023 8:24 am ET:
....Piper Sandler analysts also raised their price target to $275 from $225, and said Nvidia seemed to be through the bottoming process in its gaming segment. They also noted that AI opportunities will drive new growth.
“In our view, Nvidia is the only legitimate way to play generative model training and inference today. Management highlighted several ways in which it is looking to monetize this opportunity,” they said.
Citi analysts reiterated their Buy rating and said they viewed the stock as “the best pure play on generative AI adoption.” They hiked their price target to $245 from $210....
....MUCH MORE
..."best pure play...". Always has been.
Earlier: "NVIDIA Reports, Talks About Artificial Intelligence, Stock Jumps (NVDA)"
