Nvidia price target increased to $1,050 NVDA YTD mountain Nvidia YTD Coming off a bullish GTC conference where Nvidia CEO Jensen Huang made the case that the artificial intelligence investment cycle is still in its early innings, we are increasing price target on the chip giant to $1,050 per share from $850.
We're increasing our Eaton price target to $330 per share from $290 and reiterating our buy-equivalent 1 rating.
As a sanity check, Bank of America increased its Eaton price target to $340 from $330 on Thursday following a meeting with management.
Wells Fargo raised to $60 WFC YTD mountain Wells Fargo YTD Wells Fargo has made a string of new 52-week highs, and we think those gains can continue due to better-than-expected net interest income performance from higher interest rates, more buybacks, and ongoing cost discipline.
We're increasing our Wells Fargo price target to $60 per share from $54 and reiterating our 2 rating.
Persons:
Jensen Huang, Jensen, playbook, It's, Jim Cramer, Eaton, We're, Wells Fargo, Charlie Scharf, He's, Jim Cramer's, Jim, Josh Edelson
Organizations:
Nvidia, Blackwell, Bank of America, CNBC, Intelligence, SAP Center, Afp, Getty
Locations:
Eaton, Wells, Wells Fargo, ETN, San Jose , California