NVIDIA's strong earnings and buyback plan raise stock targets to $164.15, despite insider sales.

Multiple analysts have raised NVIDIA's stock price targets, with an average target of $164.15 and a "Moderate Buy" rating. NVIDIA reported strong earnings for the quarter, with EPS of $0.81 and revenue of $35.08 billion, exceeding analyst estimates. The company also announced a $50 billion share buyback program and a $0.01 per share quarterly dividend. Insiders have sold a significant amount of stock recently.

November 24, 2024
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