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Business
Thomas Hughes

NVIDIA Analysts Lift Targets: What It Means for the Stock Price

Nvidia MarketBeat

NVIDIA (NASDAQ: NVDA) analysts are raising their targets, and the implications are profound for its stock price, the tech sector and the S&P 500. With the tech sector expected to lead the index in growth, and NVIDIA the most significant component of the tech sector and the broader index, expectations for both are growing.

The risk is that, with analysts' trends as bullish as they are, the index will fail to impress, leaving its stock and the broad market in a correction.

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