Markets
Nvidia stocks jump 8.5%, boosting outlook for quarter year results
Investment firms have boosted their targets ahead of firm’s second-quarter results on Wednesday
Nvidia shares soared on Monday as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.
The average price target for the stock has been moving steadily higher recently, and is above $520 (€477), up from $505 (€463) just a week ago. The current target implies an upside of about 11 per cent from current levels.
The stock gained 8.5 per cent ...