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Nvidia ($NVDA) recently announced a stock split, making it the fourth 'Magnificent 7' stock to do so in 2022. Stock splits are seen as positive, with an average 25% returns one year later. Nvidia executives have been cashing out shares as the company's stock price has surged. Analysts at Oppenheimer and Argus have raised Nvidia's price target to $150 from $110, citing the company's strong position in AI. Goldman Sachs also increased its price target for Nvidia to $135 from $120, maintaining a Buy rating. Overall, several analysts have updated their price targets for Nvidia post the stock split, with most ratings being Buy and targets ranging from $128 to $150.
Several 5-star analysts have updated their Price Targets on the $NVDA stock, following its 10-for-1 stock split at the start of this week. 8 out of 9 ratings are a Buy, with Price Targets ranging from $128 to $150. #Nvidia #Stocks https://t.co/J84gCnsIp3 https://t.co/MLEx5mejfj
Goldman Sachs today raised its price target on Nvidia $NVDA to $135 up from $120 while maintaining its Buy rating
Goldman Sachs raised its price target for Nvidia to $135 from $120. Argus increased its Nvidia target to $150 from $110. Oppenheimer lifted its Nvidia target to $150 from $110.
$NVDA Oppenheimer reiterates Nvidia as outperform Oppenheimer said it’s sticking with its outperform rating on shares of Nvidia and raised its price target to $150 per share from $110 following the stock split. “We see NVDA as best positioned in AI, benefiting from their full…
#Oppenheimer Raises Nvidia PT to $150 from $110. $NVDA
$NVDA Nvidia price target raised to $150 from $110 at Argus
$NVDA Nvidia price target raised to $150 from $110 at Oppenheimer
Oppenheimer Raises Nvidia PT to $150 from $110. Analyst Comments: "We see $NVDA as best positioned in AI, benefiting from their full stack AI hardware, networking, and software solutions." The analyst also raised 2024 and 2025 earnings estimates to $2.62 and $3.32 per share.…
Nvidia stock splits after massive year of gains https://t.co/KwbSwmelrL
Nvidia execs cash out shares as GPU giant skyrockets https://t.co/F8FTpWvdXG
$NVDA joined its megacap tech peers Monday, becoming the fourth "Magnificent 7" stock to split since 2022. Stock splits are typically bullish for the companies that enact them, with average 25% returns one year later versus about 12% for the broad market, according to BofA. https://t.co/8HZZM8kjpH