Morgan Stanley Sees 41% Upside For Nvidia, Boosts Broadcom Target on TPU Dominance - Alphabet (NASDAQ:GOOG), Broadcom (NASDAQ:AVGO)
Morgan Stanley has raised its price targets for Nvidia Corporation (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO) , citing the ongoing momentum in artificial intelligence (AI).Analyst Boosts Targets On AI StrengthMorgan Stanley’s analyst Joseph Moore reiterated the bank’s overweight rating for Nvidia, setting a new price target of 235, representing a 41% increase from the chipmaker’s Friday closing price, reported CNBC. Moore wrote that NVIDIA is continuing to hold a dominant share of the marke ...