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Nvidia Begins Post-Stock-Split Era With Price-Target Hikes
1 year ago
17
AI chipmaker Nvidia (NVDA) began trading Monday after its 10-for-1 stock split and received price-target hikes from three Wall Street analysts. Nvidia stock rose on the news.
Barclays, Susquehanna and TD Cowen upped their price targets on the graphics-chip leader.
Barclays analyst Tom O'Malley raised his price target on Nvidia stock to 145 from a split-adjusted 120. He reiterated his overweight, or buy, rating on Nvidia.
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