---
title: "This Nvidia Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296614809.md"
description: "Top Wall Street analysts initiated coverage on several stocks this Friday. Baird rated Hubbell (HUBB) Outperform with a $550 target; BMO rated NVIDIA (NVDA) Outperform with a $340 target; Needham rated Faeth Therapeutics (FTH) Buy with a $56 target; Citizens rated Builders FirstSource (BLDR) Market Perform; and Cantor Fitzgerald rated Nuvation Bio (NUVB) Overweight."
datetime: "2026-08-21T11:46:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296614809.md)
  - [en](https://longbridge.com/en/news/296614809.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296614809.md)
generator: "portal-rs"
---

# This Nvidia Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Baird analyst Luke Junk initiated coverage on **Hubbell Inc** (NYSE:HUBB) with an Outperform rating and announced a price target of $550. Hubbell closed at $469.76 on Thursday. See how other analysts view this stock.
-   BMO Capital analyst Harsh Kumar initiated coverage on **NVIDIA Corp** (NASDAQ:NVDA) with an Outperform rating and announced a price target of $340. Nvidia shares closed at $216.85 on Thursday. See how other analysts view this stock.
-   Needham analyst Gil Blum initiated coverage on **Faeth Therapeutics, Inc** (NASDAQ:FTH) with a Buy rating and announced a price target of $56. Faeth Therapeutics closed at $32.10 on Thursday. See how other analysts view this stock.
-   Citizens analyst James McCanless initiated coverage on **Builders FirstSource, Inc.** (NYSE:BLDR) with a Market Perform rating. Builders FirstSource shares closed at $70.32 on Thursday. See how other analysts view this stock.
-   Cantor Fitzgerald analyst Li Watsek initiated coverage on **Nuvation Bio Inc** (NYSE:NUVB) with an Overweight rating. Nuvation Bio closed at $6.83 on Thursday. See how other analysts view this stock.

Considering buying AVGO stock? Here’s what analysts think:

*Photo via Shutterstock*

### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [FTH.US](https://longbridge.com/en/quote/FTH.US.md)
- [HUBB.US](https://longbridge.com/en/quote/HUBB.US.md)
- [NUVB.US](https://longbridge.com/en/quote/NUVB.US.md)
- [BLDR.US](https://longbridge.com/en/quote/BLDR.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [NVD.US](https://longbridge.com/en/quote/NVD.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md)
- [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md)
- [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md)
- [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md)
- [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md)
- [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md)
- [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md)
- [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md)
- [07388.HK](https://longbridge.com/en/quote/07388.HK.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [09388.HK](https://longbridge.com/en/quote/09388.HK.md)
- [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)
- [NUVB+.US](https://longbridge.com/en/quote/NUVB+.US.md)

## Related News & Research

- [Nvidia Stock (NVDA) Ditched By Retail Investors Ahead of Q2 Earnings](https://longbridge.com/en/news/296609730.md)
- [Franklin Street Advisors Inc. NC Sells 42,772 Shares of NVIDIA Corporation $NVDA](https://longbridge.com/en/news/296581439.md)
- [Fabrinet Shares Tumble As Nvidia Datacom Weakness Overshadows Telecom Strength](https://longbridge.com/en/news/296253299.md)
- [LG, NVIDIA deepen robotics collaboration under strategic MOU](https://longbridge.com/en/news/296287652.md)
- [Nvidia Will Report Q2 Earnings on August 26. Let's Look at Who Owns NVDA Stock](https://longbridge.com/en/news/295958031.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**