Susquehanna Financial Group has issued a bullish outlook on Nvidia (NVDA) stock, setting a record price target after the company's recent 10-for-1 stock split. The firm has raised its price target on the semiconductor giant from $145 to $160, the highest target among Wall Street analysts. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
The Dow Jones was lower on the stock market today. Nvidia stock hit a new high as Microsoft got upgraded. Warren Buffett sold some stock.
Nvidia stock gained 9% last week. Shares of the artificial intelligence leader pared some early gains but remained near new highs on Monday. At the visual Generative AI event this week, Computer Vision and Pattern Recognition Conference, Nvidia researchers presented several papers on new tools to create and interpret images, videos and 3D applications.