Global Finance News
04 Sep 2026, 14:34
Nvidia Gains 2.5% as Rosenblatt and Needham Reiterate Buy Ratings
Nvidia (NASDAQ: NVDA) shares rose about 2.5% as two Wall Street firms reiterated bullish ratings on the AI chip leader.
Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Nvidia with a $390 price target, implying substantial upside from the stock’s current price of $234.07.
Needham & Company analyst N. Quinn Bolton also reiterated a Buy rating, setting a $300 price target.
AI Leadership Supports Bullish Sentiment
The positive analyst calls reinforce Wall Street confidence in Nvidia’s position at the center of the artificial intelligence infrastructure market. The company remains the dominant supplier of GPUs used to train and run advanced AI models, while its broader ecosystem spanning networking, software and accelerated computing strengthens its competitive position.
The two price targets indicate different expectations for Nvidia’s upside, but both firms remain bullish on the stock. Rosenblatt’s $390 target is particularly aggressive, representing roughly 67% upside from the indicated price, while Needham’s $300 target implies about 28% upside.
Nvidia’s 2.5% gain suggests the reiterated Buy ratings are adding to positive sentiment around the AI semiconductor leader.
Nvidia (NASDAQ: NVDA) shares rose about 2.5% as two Wall Street firms reiterated bullish ratings on the AI chip leader.
Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Nvidia with a $390 price target, implying substantial upside from the stock’s current price of $234.07.
Needham & Company analyst N. Quinn Bolton also reiterated a Buy rating, setting a $300 price target.
AI Leadership Supports Bullish Sentiment
The positive analyst calls reinforce Wall Street confidence in Nvidia’s position at the center of the artificial intelligence infrastructure market. The company remains the dominant supplier of GPUs used to train and run advanced AI models, while its broader ecosystem spanning networking, software and accelerated computing strengthens its competitive position.
The two price targets indicate different expectations for Nvidia’s upside, but both firms remain bullish on the stock. Rosenblatt’s $390 target is particularly aggressive, representing roughly 67% upside from the indicated price, while Needham’s $300 target implies about 28% upside.
Nvidia’s 2.5% gain suggests the reiterated Buy ratings are adding to positive sentiment around the AI semiconductor leader.
