Wells Fargo Raises NVIDIA's Price Target Amid Positive Outlook on AI Growth

On May 12, 2026, Wells Fargo raised its price target for NVIDIA (NASDAQ:NVDA) from $265 to $315 while maintaining an Overweight rating. The firm cited the company’s durable growth outlook and capacity-driven model as justification. Separately on May 13, NVIDIA CEO Jensen Huang joined President Donald Trump's delegation in China, raising hopes of progress regarding stalled H200 AI chip sales.

By Venkatesh Sat, May 16, 2026 at 1:45 PM GMT+3 2 min read · Yahoo Finance · May 16, 2026, 10:45 UTC

Tickers: $NVDA $WFC

Topics: AI Hardware NVIDIA Stock Analysis Wells Fargo

Read the full article at Yahoo Finance

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