Three Top Wall Street Analysts Stay Bullish on Nvidia Stock

Nvidia Stock Remains a Top Pick Among Analysts

In a recent analysis, TipRanks highlighted three top Wall Street analysts who remain bullish on Nvidia stock. These analysts believe that Nvidia's strong performance in the gaming and datacenter markets will continue to drive growth.

Analysts' Views

• ^[1] David Hering from Piper Jaffray believes that Nvidia's gaming business will continue to grow, driven by the increasing popularity of cloud gaming. He has a price target of $800 on the stock.
• ^[1] Craig Ellis from BMO Capital Markets is also optimistic about Nvidia's prospects, citing the company's strong position in the datacenter market. He has a price target of $750 on the stock.
• ^[1] Harsh Kumar from Piper Jaffray believes that Nvidia's autonomous driving business will also be a key growth driver. He has a price target of $850 on the stock.

Why the Analysts Are Bullish

These analysts believe that Nvidia's strong performance in the gaming and datacenter markets will continue to drive growth. They also see opportunities for the company to expand into new markets, such as autonomous driving.

Conclusion

Nvidia's strong performance and growth prospects make it a top pick among analysts. The company's position in the gaming and datacenter markets, as well as its opportunities in autonomous driving, make it an attractive investment opportunity.

Sources

[1] Three top Wall Street analysts stay bullish on Nvidia stock. Here's why