All the market-moving Wall Street chatter from Monday

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All the market-moving Wall Street chatter from Monday

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for the two years. He now expects $7.7 billion in 2024 and $8.6 billion in 2025, down from prior estimates of $8 billion and $9.5 billion, respectively. Ford management has said the company still believes in electric vehicles, but doesn’t see widespread adoption happening until costs come closer in line with traditional cars. Shares have climbed nearly 9% in 2024. — Alex Harring 5:48 a.m.: KeyBanc raises Nvidia price target There’s no slowing down Nvidia , according to KeyBanc. Analyst John Vinh raised his price target on the stock to $1,200 per share from $1,100, implying upside of 36% from Friday’s close. He also reiterated his overweight rating. Vinh noted “supply chain feedback indicates GB200 with [average selling prices] of $1.5M-$2M are expected to become a mainstream configuration in 2025 and could generate as much as $90B-$140B in revenues in of itself.” He added: “Demand for H20 in China is much higher than anticipated and could contribute $9B-$12B in incremental revenues this year.” Shares have been on a tear this year, surging more than 77%. In 2023, the stock surged more than 200%. NVDA YTD mountain NVDA year to date — Fred Imbert

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NVIDIA Corp,Ford Motor Co,Stock markets,Investment strategy,business news
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