Citi Reiterates Positive Outlook on NVIDIA Due to Gen AI Advances
Monday, 3 June 2024, 08:40
Citi Reiterates Positive Outlook on NVIDIA
Citi maintains its buy recommendation and $1,260 price target on NVIDIA, citing the company's advancements in Gen AI technology.
Key Points:
- Citi's endorsement: Reiterates buy rating and optimistic price target.
- Gen AI advancements: Highlighted as a key driver of growth and innovation for NVIDIA.
In the competitive landscape of AI technology, NVIDIA's strides in Gen AI position the company favorably for future success.
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