Multiple institutions collectively raised NVIDIA's target price, with Bank of America giving the highest target price of $235
After NVIDIA announced its second-quarter earnings report, several investment banks updated their latest ratings and target prices for this artificial intelligence giant. Bank of America raised NVIDIA's target price from $220 to $235; Morgan Stanley raised NVIDIA's target price from $206 to $210; Citibank raised NVIDIA's target price from $190 to $210; JP Morgan raised NVIDIA's target price from $170 to $215; Bernstein raised NVIDIA's target price from $185 to $225; Jefferies raised NVIDIA's target price from $200 to $205; Deutsche Bank raised NVIDIA's target price from $155 to $180; TRUIST Securities raised NVIDIA's target price from $210 to $228; Argus Research significantly raised NVIDIA's target price from $150 to $220
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