NVIDIA’s Price Target Raised to $500 at Morgan Stanley 
<p>Morgan Stanley analysts raised the price target on <a href='https://financialmodelingprep.com/financial-summary/NVDA'>NVIDIA (NASDAQ:NVDA)</a> to $500.00 from $450.00 while maintaining their Overweight rating.</p>
<p>The analysts emphasized the growing demand for AI training, which has shown a consistent increase since NVIDIA's last report. They cited reports from industry contacts indicating a surge in daily new orders from customers who were not previously considered major clients.</p>
<p>Recognizing NVIDIA's position as the first-to-market, analysts assert that the stock should trade at a premium compared to its peers due to a higher likelihood of upward revisions in the near term. They refer to NVIDIA as the sole "2023 leader."</p>

NASDAQ:NVDA