How Does NVIDIA Corporation (NVDA) Stock Rank on Wall Street Tuesday?

InvestorsObserver is giving NVIDIA Corporation (NVDA) an Analyst Rating Rank of 53, meaning NVDA is ranked higher by analysts than 53% of stocks. The average price target for NVDA is $239 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating NVDA a Strong Buy today. Find out what this means to you and get the rest of the rankings on NVDA!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With NVIDIA Corporation Stock Today?

NVIDIA Corporation (NVDA) stock is trading at $187.02 as of 10:25 AM on Tuesday, Aug 16, a drop of -$3.30, or -1.73% from the previous closing price of $190.32. The stock has traded between $186.25 and $190.10 so far today. Volume today is less active than usual. So far 9,458,330 shares have traded compared to average volume of 52,877,206 shares. Click Here to get the full Stock Report for NVIDIA Corporation stock.