Rosenblatt hikes Nvidia price target to Street high, says shares can rally another 80% from here

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Rosenblatt hikes Nvidia price target to Street high, says shares can rally another 80% from here
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Rosenblatt is getting more bullish on Nvidia ahead of its quarterly print next week, hiking shares to the highest price target among the Wall Street community.

Rosenblatt is getting more bullish on Nvidia , hiking its price target on the chip giant to a Street high ahead of next week's earnings release. Analyst Hans Mosesmann lifted his price target on the chipmaker to $800 from $600 a share, reflecting 82% upside from Tuesday's close.

mountain Nvidia shares have doubled since the start of the year Nvidia's been on a tear this year as investors bet on the promise of artificial intelligence, viewing the company as the chipmaker to beat with its graphics processing units underpinning large language models.

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