Wall Street Can’t Get Enough of Nvidia Stock. Is It a Buy Below $180?
Nvidia (NVDA) received a major vote of confidence from Wall Street as Barclays analyst Tom O'Malley boosted his price target to 200, maintaining an “Overweight” rating. The upgrade reflects growing optimism around the chipmaker's dominant position in artificial intelligence (AI) infrastructure spending. Barclays estimates that over $2 trillion will be spent on planned AI initiatives across approximately 40 gigawatts of global capacity over the next four to five years. Using the firm's calculati ...