Nvidia announced many new products. Bank of America updated its opinion on Nvidia stock. The Siemens-Nvidia partnership was expanded. Nvidia decided to go all in with its announcements during CES.
Bank of America reiterates (again) Nvidia as its top AI pick with a buy rating and the target price of $275, based on 28 multiple his estimate for price-to-earnings ratio excluding cash for calendar year 2027, which is within Nvidia’s historical forward year price-to-earnings range of 25 to 56.
Bank of America resets Nvidia stock forecast after key event
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Posted by 3xshortURmom
1 Comment
300 this year definitely.