Analyst sets Nvidia (NVDA) price as ‘Blackwell ramp appears to be quite strong'

Nvidia’s (NASDAQ: NVDA) product lineup, especially the next-generation Blackwell chip, continues to influence analysts’ decisions about the company’s future stock price.The most recent analysts’ estimate emerged from Morgan Stanley’s Joseph Moore, who, in an investor note on October 10, reiterated his ‘Overweight’ rating on the stock, citing the chipmaker’s robust business outlook and the successful ramp-up of its Blackwell chips.Moore set a price target of $150 in this note, highlighting the strong momentu ...