NVDA YTD mountain NVDA has surged in 2023 Ahead of earnings Wednesday, analysts are weighing in on the forthcoming report and how to trade the earnings.
Oppenheimer's Rick Schafer maintained an outperform rating on Nvidia and raised his price target to $500 per share up from $420.
Elsewhere, Citi analyst Atif Malik reiterated both a buy rating and a $520 per share price target in a note last week.
However, Deutsche Bank analyst Ross Seymour is more cautious on Nvidia stock heading into earnings, and reiterated a hold rating in Tuesday note.
Seymour maintains a $440 per share price target, which forecasts roughly 2% upside from the stocks current trading levels.
Persons:
Hans Mosesmann, Mosesmann, Oppenheimer's Rick Schafer, " Schafer, Wolfe, Chris Caso, " Caso, Atif Malik, Wall, Malik, Ross Seymour, Seymour, — CNBC's Michael Bloom
Organizations:
Nvidia, Rosenblatt Securities, Wolfe Research, Citi, Deutsche Bank, LT