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MarketBeat
MarketBeat
Business
Thomas Hughes

New Catalysts to Drive NVIDIA’s Stock Price Even Higher

A quick glance at the news cycle reveals catalysts that will drive NVIDIA’s (NASDAQ: NVDA) stock price higher. A move higher in mid-June is significant because putting this market at an all-time high won't take much. In that scenario, the robust technical outlook could lead NVIDIA’s share price to the high end of the analysts' target range.

That puts this market above $200, at $220, a 40% increase from the critical resistance target, and it could be a quick move. 

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