Goldman Sachs sees NVIDIA at $285: Can the stock hit that in June?
NVIDIA stock broke out of a consolidation phase on June 1, surging 6.26% that day, as Goldman Sachs reiterated a price target of $285, reigniting the question of the potential magnitude of this move.
This bullish breakout is the optimistic scenario, fueled by a surge of enthusiasm from analysts after the GTC Taipei keynote. However, a flow indicator is sending the opposite signal, splitting NVIDIA investors between two perspectives for the rest of the month.