Nvidia's First Trading Day After Its Stock Split Brings Slight Gain and Price-Target Hikes
TargetTarget(US:TGT) Investopedia·2024-06-10 22:20

Key TakeawaysNvidia shares finished slightly higher Monday after the chipmaker's 10-for-1 stock split, and several analysts raised their price targets for the stock. Barclays, Susquehanna, and TD Cowen analysts lifted their price objectives for Nvidia stock from their previous targets on a split-adjusted basis.The split-adjusted stock price could make ownership more accessible to a wider range of investors, with Morgan Stanley analysts highlighting that Nvidia stock is more affordable than Advanced Micro De ...

Nvidia's First Trading Day After Its Stock Split Brings Slight Gain and Price-Target Hikes - Reportify