5-star analyst drops jaw-dropping Nvidia stock price target
Raymond James analyst Simon Leopold just set a jaw-dropping $515 price target for Nvidia stock, signaling nearly 126% upside from current levels. This is significantly higher than other major analysts' forecasts, which range from $180 to $515. Leopold's bullish outlook is driven by his belief that supply constraints, rather than customer demand, are the biggest obstacle for Nvidia's growth. His target assumes Nvidia's current market cap of $5.49 trillion to double.
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