Markets

Wall Street Analysts Adjust Targets for Major Stocks Including NVIDIA and Tesla

Published March 18, 2024

Recent shifts in Wall Street analysts' perspectives have led to updated outlooks for several key stocks. Among these, NVDA, known for its cutting-edge GPUs and automotive SoCs, and TSLA, the trailblazing electric vehicle and clean energy giant, are in the spotlight. However, not all changes point to an optimistic future, as evidenced by B of A Securities trimming the price target for LI from $60 to $55.

NVIDIA Corporation NVDA

NVDA, the prominent American technology firm, continues to capture the industry's attention with its innovative graphics and system on chip units. As the company navigates the dynamic tech market, analysts closely monitor its performance for potential rallies or downturns.

Tesla, Inc. TSLA

The American EV and clean energy pioneer, TSLA, boasts a significant market share in the electric passenger car segment. Investment in Tesla aligns with growing environmental consciousness and a shift towards sustainable automobile technology.

CoStar Group, Inc. CSGP

With a suite of service offerings for various real estate sectors, CSGP keeps a pulse on market trends and provides valuable online information and analytics.

I-Mab IMAB

Operating from Shanghai, the clinical-stage biopharmaceutical company IMAB dedicates its resources to advancing treatments for cancer and autoimmune diseases.

Micron Technology, Inc. MU

MU's role as a global leader in memory and storage solutions places it at the core of technological infrastructure and development.

Darden Restaurants, Inc. DRI

The diverse restaurant portfolio managed by DRI reflects the company's adaptive strategies in the ever-evolving food service industry.

Accenture plc ACN

Global consulting and processing powerhouse ACN continues to expand its influence and deliver expertise across various sectors internationally.

The Goldman Sachs Group, Inc. GS

Investment banking giant GS provides a spectrum of financial services and leverages its market position to guide institutional investors through complex landscapes.

Gulfport Energy Corporation GPOR

With operations focused on natural resources, GPOR explores and produces natural gas and oil, contributing to energy supply chains in the United States.

Li Auto Inc. LI

As an emerging name in the smart electric SUV market, LI aims to redefine the automotive experience with innovative vehicle designs in China.

Smartsheet Inc. SMAR

Cloud-based solutions from SMAR empower businesses with efficient execution platforms, aligning with the shift towards digital workplace tools.

NVIDIA, Tesla, Analysts, Investment, Stocks