Baird Raises Price Target on Nvidia (NVDA)

NVIDIA Corp. (NASDAQ:NVDA) is one of the 15 best stocks to invest in according to billionaires. On February 26, NVIDIA Corp. (NASDAQ:NVDA) was reiterated as Outperform by Baird. The firm increased the price target from $275 to $300, resulting in a revised upside potential of more than 69%. Baird noted that Nvidia’s data center revenue is reaccelerating to nearly twice its previous growth rate, while its virtual reality performance is outperforming industry peers, prompting an updated model to reflect the ...