Nvidia stock just received its highest-ever price target

Market Impact and Recovery - Nvidia's stock experienced a significant drop, losing $600 billion in market capitalization in a single day due to the release of China's DeepSeek AI model [1] - Despite the initial volatility, Nvidia's stock showed signs of recovery, with Wall Street analysts remaining optimistic about its long-term potential [2][6] - Nvidia's stock is down 12 36% year-to-date (YTD) but remains up 93 12% over the last 12 months and 1,951 10% over the last 5 years [7][8] Analyst Upgrades and Bullish Sentiment - Tigress Capital's Ivan Feinseth upgraded Nvidia's stock from 'buy' to 'strong buy' and raised the price target from $170 to $220, aligning with Rosenblatt Securities' previous high target [2] - Feinseth's bullish outlook is driven by Nvidia's advanced AI products, which he believes will remain pivotal for AI advancements despite competition from DeepSeek [3] - The Stargate Project, a $500 billion initiative backed by industry leaders like OpenAI and Microsoft, is seen as a strong indicator of continued government support for AI advancements, benefiting Nvidia [4] Growth Opportunities in AI and Healthcare - Nvidia's recent product launches, including the GB10 superchip and Blackwell, are expected to drive growth, with healthcare and life sciences identified as the biggest growth avenues for the sector [5] - The long-term outlook for Nvidia remains positive, with the company's stock performance showing resilience despite short-term market turbulence [6]