This Red-Hot Stock Still Has 50% Upside, According to 1 Wall Street Analyst
While I generally take Wall Street's never-ending stream of upgrades and downgrades with a grain of salt, I think this one makes a compelling argument.
TD Cowen analyst Matthew Ramsay announced the firm's "Best Idea" for 2024 and it should come as no surprise that it was Nvidia (NASDAQ: NVDA). The firm issued an outperform (buy) rating on the shares and a $700 price target, which represents potential gains of 50% upside compared to Monday's closing price -- even after a blistering rise of 219% so far this year, fueled by soaring adoption of artificial intelligence (AI).
Investors would be forgiven for asking, "Does Nvidia really have 50% potential upside from here?"
Source Fool.com
Toronto-Dominion Bank Aktie
52,13 €
2,69 %
Ausgeglichenes Verhältnis bei der Toronto-Dominion Bank Aktie mit 3 Buy- und 2 Sell-Einschätzungen.
Dadurch ergibt sich bei einem Kursziel von 86 € ein stark positives Potenzial von 64.97% im Vergleich zum aktuellen Kurs von 52.13 € bei Toronto-Dominion Bank.
