Nvidia, Micron price targets raised at KeyBanc
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Published 2024-07-09
KeyBanc raised its price target on Nvidia (NVDA) to $180 from $130 and on Micron (MU) to $165 from $160. The moves were part of a broader note on the state of the chip sector, with analyst John Vinh writing that "traditional server demand is actually improving" and "AI demand continues unabated." Yahoo Finance's Brad Smith and Seana Smith discuss the note in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
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