We noted in a recent post that NVIDIA appears to have vanquished nearly all of its near-term bearish catalysts, prompting some hedge fund managers based in Boston to ask the rhetorical question: what is keeping the stock from breaking out? Now, Loop Capital analyst Ananda Baruah has joined this bullish chorus by pegging a street-high price target of $250 on NVIDIA shares, which implies a market capitalization of $6 trillion! Baruah then cites the math that "just works" to justify his unbridled enthusiasm vis-à-vis NVIDIA. According to Loop Capital's supply chain analyst John Donovan, the spending on GPUs could climb […]
Read full article at wccftech.com/loop-capital-nvidia-nvda-heading-to-a-6-trillion-valuation/
Hence then, the article about loop capital nvidia nvda heading to a 6 trillion valuation was published today ( ) and is available on Wccf tech ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Loop Capital: NVIDIA (NVDA) Heading To A $6 Trillion Valuation )
Also on site :