STOCKS | Morgan Stanley Raises Nvidia Price Target to $250 Amid AI Demand

Morgan Stanley has raised its price target for Nvidia stock to $250, citing expectations of strong fourth-quarter results and ongoing demand for AI computing. According to NS3.AI, the investment bank emphasizes Nvidia's forthcoming next-generation AI supercomputer, Vera Rubin, which is anticipated to offer significantly enhanced performance. Nvidia shares are currently trading at approximately $192, indicating a potential upside of around 30%, presenting a promising opportunity for investors.