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Benzinga
Benzinga
Business
Chris Katje

Nvidia Stock 'Born To Run': Analyst Channels Bruce Springsteen With $300 Price Target

Nvidia stock rising

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.

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