Will NVIDIA Stock Surge to $500?
Strong growth in several massive markets will help drive NVIDIA's (NASDAQ: NVDA) share price to $500.
So says Rosenblatt Securities analyst Hans Mosesmann. On Friday, Mosesmann reiterated his buy rating on NVIDIA's stock and boosted his target price from $400 to $500. His new price forecast represents potential gains for investors of roughly 20%, based on the chipmaker's current price near $418.
Source Fool.com