Nvidia Gets New Bullish Stock Price Target (NVDA)
Nvidia (NVDA) stock closed Thursday’s trading session at $180, marking a 1.37% gain. Bernstein, a leading equity research firm, projects a rally for NVDA, setting a new price target of $272. The firm highlighted Nvidia’s ability to address bearish concerns, including working capital and revenue circularity, reinforcing confidence in its growth trajectory.
Despite market turbulence from trade wars and China’s AI chip ban, Nvidia’s stock has surged over 30% year-to-date. Retail and institutional investors continue to show strong demand, sustaining momentum even amid broader market volatility.