Analyst sets date when Nvidia stock will trade at $245

The share price of American semiconductor giant Nvidia (NASDAQ: NVDA) is likely to extend its rally and surpass the $200 mark before the end of the year.Notably, after a brief spell of short-term losses, NVDA stock opened Monday on a bullish note, rising 1.7% to $169 as of press time.According to analysis by TradingShot in a September 8 TradingView post, the bullish outlook comes after the stock entered a pivotal stage when it broke below its 50-day moving average (MA) last week for the first time in four m ...