PANews
PANews|Aug 27, 2026 13:09
[NVIDIA Earnings Exceed Expectations, Over Ten Major Banks Raise Target Prices, Highest at $515] According to a report by CaiLian News, NVIDIA's latest earnings report and performance guidance exceeded expectations, boosting bullish sentiment on Wall Street. Over ten major banks, including Morgan Stanley, Citigroup, and Mizuho, have intensively raised their target prices. Since today, at least 13 institutions have raised NVIDIA's target price, with Raymond James Financial increasing its target price from $352 to $515, marking the highest target price so far. Melius Research raised its target price from $400 to $420, Bernstein from $315 to $400, and Rosenblatt Securities from $325 to $390. Based on NVIDIA's 2.41 billion shares, the $515 target price corresponds to a market capitalization of approximately $1.24 trillion.
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