Citigroup Boosts NVDA Price Target To $1,030 Amid GTC Hype

In a notable gust of recent developments, with the commencement of Nvidia’s much-awaited GTC conference this week, the GPU manufacturer giant marked a monumental milestone across the global AI landscape, nabbing significant attention. Aligning with its staging as a pioneer with the abovementioned conference, a stockpile of Wall Street analysts raised price targets for NVDA, fueling immense market optimism for the firm across the industry.

Amid this flurry of analysts, Citigroup, Deutsche Bank, and Goldman Sachs, among many others, significantly boosted NVDA’s price targets today. Meanwhile, NVDA stock was valued at $890.69 as of press time. $Advanced Micro Devices(AMD.US)$ $NVIDIA(NVDA.US)$