Morgan Stanley sets bold new price target on Nvidia stock
Despite the volatility, Morgan Stanley is still standing its ground on Nvidia (NVDA) stock.
The big bank stuck with an Overweight rating on the AI bellwether’s stock, slapping a $250 price target.
The fresh target implies an eye-popping 30% upside from Nvidia’s current price, hovering around $192.
In fact, the bank lays out an even loftier $330 bull case on robust execution and a $150 bear case if growth cools off quicker than expected.
It has clearly been a busy week for Nvidia, marked by China green-lighting first H200 chip imports and encouraging hyperscaler capex cues.
Consequently, since the last time I covered Nvidia stock (on Jan. 22), it’s up nearly 4% with its current market cap at a dizzying $4.68…
