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Baird Hikes NVIDIA’s Stock Price Target to $1,050 on Tailwinds From the Upcoming Blackwell Architecture

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NVIDIA

Such is the clout of NVIDIA that its earnings on Wednesday have become the highlight financial event of the week despite a relatively busy macroeconomic calendar. While the market appears to be pricing in a fair amount of volatility around the much-anticipated event, Wall Street is busy doing what it usually excels at doing: doubling down on momentum. $NVDA: Baird Raises Target price to $1,050 from $750 The analyst comments "Per our Asia field trip, demand for Nvidia's AI solutions remains unabated, with momentum from enterprise customers now rapidly building. Upcoming Blackwell architecture will drive another significant… — *Walter Bloomberg […]

Read full article at https://wccftech.com/baird-hikes-nvidia-stock-price-target-to-1050-on-tailwinds-from-the-upcoming-blackwell-architecture/

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