Nvidia Has 8% Upside, According to 1 Wall Street Firm
Nvidia (NASDAQ: NVDA) continues to be one of 2024's hottest stocks, having risen roughly 87% year to date as of this writing. Priced at roughly $926 per share, the artificial intelligence (AI) leader has a market capitalization of roughly $2.3 trillion and ranks as the world's third-largest company -- behind only and Apple. Some on Wall Street believe that the red-hot AI stock is poised to continue marching higher.
In a research note published on March 22, UBS maintained a buy rating on Nvidia and raised its price target on the stock from $800 per share to $1,000 per share. Based on where the stock is priced as of this writing, that $1,000 target would imply additional upside of roughly 8%.
Source Fool.com
Microsoft Corp. Stock
With 100 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 406 € shows a slightly positive potential of 6.93% compared to the current price of 379.7 € for Microsoft Corp..