Morgan Stanley raised Nvidia (NASDAQ:NVDA) price target to $304 from $255

Morgan Stanley has moved its rating on NVIDIA’s (NASDAQ:NVDA) stock to overweight from equal-weight, with a price target of $304, up from $255.

The technology company is expected “to be the core hardware enabler” of the large language model trend, which will be reflected in its results in the coming years, analysts Joseph Moore, Scott Fessler, Mason Wayne and Shane Brett said.

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