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Nvidia (Nasdaq: NVDA)) received upgrade from Tigress Financial On Tuesday, the transition from purchase to a strong purchase after the shares suffered a sharp decline, tied to the fears of the Chinese AI company Depepeek.
The seller deleted nearly $ 600 billion in a market cap, but Tigress analysts see this as a purchase opportunity. Tigress also raised its 12-month price price to $ 220, citing NVIDIA management in AI and increasing capital investment in AI development in various industries. The company expects strong growth of revenue and cash flows to stimulate the long -term value of shareholders.
Additional factors supporting the superstructure include the Trump Administration Project initiative, CES’s main CEES CEO Jensen Huang, NVIDIA’s progress in GPU technology, and its extension in healthcare. Analysts also cited NVIDIA’s strong balance as a key advantage in a developing AI landscape.
At 10:49:55 ET, NVIDIA shares increased by 1.51% to $ 120.21, reflecting the updated investor confidence after the upgrade.
This article first appeared on GurfocusS
