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Analysts Upgrade NVIDIA Again to Buy on AI Backlog at $200.53

Analysts upgraded NVIDIA (NVDA.OQ) to Buy on April 17, citing a massive AI order backlog and strong cash-flow execution, pushing shares to $200.53 (+1.10%). This follows an April 15 upgrade on renewed AI trade momentum when NVDA traded at $199.29 (+1.41%), positioning it as the top AI beneficiary amid mixed peer ratings. While Hims & Hers also gained a Buy on GLP-1 potential, Marvell and Verizon faced downgrades on valuations and competition, highlighting NVIDIA's divergent strength in semiconductors.

Category

NVIDIA

Sentiment

Bullish

Event

Institutional outlook

Reading time

1 min