Nvidia Stock Targets Raised by Major Banks Amid Strong AI Demand
Nvidia Corp. shares are drawing heightened attention from Wall Street after Citigroup, Bank of America, and Bernstein all lifted price targets following a stronger-than-expected earnings report. Citigroup now sees the stock reaching $270-$300, maintaining a buy rating on sustained demand for AI infrastructure. Bank of America echoed the $300 target, citing accelerating growth trajectories.
CEO Jensen Huang's remarks about underestimated AI adoption resonated across trading desks, reinforcing institutional confidence. The consensus suggests Nvidia's data center and AI chip dominance remains unrivaled—a bullish signal for tech investors.