Did loop capital raise its price target on Nvidia (NVDA) stock?

Here’s How to Get In. The post Loop Capital Just Raised Its Price Target on Nvidia (NVDA) Stock to $1,200 appeared first on InvestorPlace. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investment bank Loop Capital has thrust Nvidia (NASDAQ:NVDA) stock back into th...

Could artificial intelligence boost Loop Capital's NVDA price target?

According to a report by StreetInsider, Loop Capital raised its price target on NVDA to $175. Previously, the price-per-share forecast sat at $120. Here, experts cited artificial intelligence (AI) as a catalyst to spark material upside relative to consensus expectations for sales and earnings.

Is NVDA stock a buy?

Another investment bank, Oppenheimer, was also bullish on NVDA stock this morning, which raised its price target on the shares to $850. Loop Capital’s analysts initiated coverage of NVDA with a “buy” rating, along with their $1,200 price target.