Morgan Stanley maintains an overweight rating on Nvidia and a target price of $288, corresponding to a potential upside of approximately 42%

Morgan Stanley maintains an overweight rating on Nvidia and a target price of $288, corresponding to a potential upside of approximately 42%

[Morgan Stanley maintains Nvidia’s overweight rating and $288 target price, corresponding to a potential upside of approximately 42%] Morgan Stanley maintains Nvidia’s overweight rating, $288 target price, and preferred status in the semiconductor industry. Based on the closing price of $202.78 on July 9 used in the report, the target price corresponds to a potential upside of approximately 42%. That valuation is roughly in line with the broader market and lower than computing chip peers such as AMD, Broadcom and Intel.