BofA raises Nvidia stock price target to $320 on AI demand

Investing_ng | 13-05-2026 09:37pm |

Bank of America has increased its price target for Nvidia's stock to $320, citing strong demand for artificial intelligence technologies as a key driver. The adjustment reflects the bank's analysis of the company's growth potential in the AI sector, which has been experiencing significant expansion. This revised target underscores the financial institution's confidence in Nvidia's ability to capitalize on emerging market trends related to AI applications.

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