Nvidia Stock (NVDA) Outlook: Five-Star Raymond James Analyst Sets New Street-High $515 Target and Sees 125% Upside
Tip Ranks·
- Nvidia shares jumped 9% on Thursday following a strong quarterly report and guidance that exceeded Wall Street expectations.
- Raymond James analyst Simon Leopold raised his price target on NVDA stock to a new Street high of $515, representing a 125.1% upside.
- The company reported Q2 revenue of $96.2 billion, which is a 106% increase year-over-year driven by robust AI demand.
