Nvidia Roared to a Street-High Price Target Amid Impressive Q2 Earnings
Average Price Target Hits $197.64, with a Bullish Consensus
Impressive Performance Drives Analyst Optimism
Nvidia's stellar second-quarter performance has garnered immense attention from Wall Street analysts, with the average price target reaching $197.64. As many as 28 recent reviews recommend a "Buy" rating, cementing Nvidia's status as a firm favorite among experts.
The high price target forecast of $258 per share further underscores analysts' confidence in Nvidia's growth trajectory. This bullish sentiment is reflected in the consensus "Strong Buy" rating, indicating that Wall Street remains optimistic about the company's prospects.
Over the next 12 months, analysts predict a continued upward trend for Nvidia, with a high estimate of $258 per share. The average price target of $197.64, based on 40 analysts' projections, signals significant upside potential for investors.
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