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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 181.73+5.3%May 17 3:59 PM EDT

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From: Frank Sully6/23/2021 3:22:23 PM
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Nvidia price target raised to $900 from $750 at Raymond James



Raymond James analyst Chris Caso raised the firm's price target on Nvidia to $900 from $750 and keeps a Strong Buy rating on the shares. Near-term trends are following the path the firm anticipated when upgrading the stock from Outperform in April, and Caso still considers Nvidia to be the semi company best positioned for growth over the long term, the analyst tells investors in a research note. Following some checks over the past week, Caso is convinced that datacenter has begun to reaccelerate due to hyperscale digestion, a resumption of enterprise activity and rising virtualization.
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