
NVIDIA Corporation (NASDAQ:NVDA) stock hit new all-time highs on Thursday with the company landing a new artificial intelligence deal with the United Arab Emirates. An Nvidia analyst sees the stock continuing to trade higher in the next 12 months as a leader in the AI sector.
The NVDA Analyst: Cantor Fitzgerald analyst C.J. Muse maintained an Overweight rating on Nvidia and raised the price target from $240 to $300.