Bank of America set a $350 price target for Nvidia, calling the $218 stock a 50% discount driven by strong free cash flow and overstated AI risk.
NVDA committed $30 billion to OpenAI and $105 billion in Ohio data center credit while META battles high interest rates on its own AI projects.
Data center bans across 500 locations and AI's unproven commercial adoption pose serious headwinds to BofA's aggressive Nvidia price target.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Bank of America says so. The discount may be 34%, but its **** ysts say it could be as high as 50%. The Bank of America price target for Nvidia is $350. It trades at $218 today.
#bank #America #price
NVDA committed $30 billion to OpenAI and $105 billion in Ohio data center credit while META battles high interest rates on its own AI projects.
Data center bans across 500 locations and AI's unproven commercial adoption pose serious headwinds to BofA's aggressive Nvidia price target.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Bank of America says so. The discount may be 34%, but its **** ysts say it could be as high as 50%. The Bank of America price target for Nvidia is $350. It trades at $218 today.
#bank #America #price
24 days ago
