Think Nvidia’s monster year-to-date rally of 234% has gone too far? Think again, according to a recent note from Rosenblatt Securities.
Rosenblatt set a Wall Street-high price target of $1,100 for Nvidia after its strong second-quarter earnings report, representing potential upside of 125% from Tuesday’s close. Such a surge would send Nvidia market valuation to well over $2 trillion. The firm’s prior price target for Nvidia was $800.
Source: Business Insider
