Cantor Fitzgerald Reiterates Overweight on NVIDIA (NVDA), Says AI Demand Proves It’s “Not a Bubble”
NVIDIA Corporation (NASDAQ:NVDA) is one of the Hot AI Stocks to Keep on Your Radar. On October 9, Cantor Fitzgerald reiterated the stock as “Overweight” and raised its price target to a Wall Street high of 240 following management meetings. “We hosted NVDA mgmt for investor meetings in NYC this past week, including Jensen Huang (CEO), Colette Kress (CFO), Toshiya Hari (IR), as well as other Senior Executives.” The executives discussed details of the new partnership with OpenAI. “Th ...