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Nvidia's First Trading Day After Its Stock Split Brings Slight Gain and Price-Target Hikes
TargetTarget(US:TGT) Investopedia·2024-06-11 06:20

Key TakeawaysNvidia shares finished slightly higher Monday after the chipmaker's 10-for-1 stock split, and several analysts raised their price targets for the stock. Barclays, Susquehanna, and TD Cowen analysts lifted their price objectives for Nvidia stock from their previous targets on a split-adjusted basis.The split-adjusted stock price could make ownership more accessible to a wider range of investors, with Morgan Stanley analysts highlighting that Nvidia stock is more affordable than Advanced Micro De ...