Nvidia Stock (NVDA) Target Raised at Goldman Sachs
Nvidia (NASDAQ: NVDA) sees its price target elevated by Goldman Sachs, reflecting increasing confidence in the company’s strategic positioning within the rapidly expanding artificial intelligence (AI) landscape. The adjustment reflects an updated financial model that incorporates NVIDIA’s strategic investments and partnerships, especially its collaboration with OpenAI.
NVIDIA shares, currently trading around $188.90, up 0.7% in the pre-market trading session. This movement reflects the markets’ cautious optimism as they digest the implications of Goldman Sachs’ revised outlook and NVIDIA’s broader strategic maneuvers.
Goldman Sachs has revised its price target upward to $210 from $200, reiterating a “Buy” rating on NVIDIA…
