Analysts Weigh in on Nvidia, Tesla, Apple, and More Amid Market Volatility
Wall Street analysts have weighed in on various companies, including Nvidia, SpaceX, Tesla, Apple, Chevron, Cava, and Micron. The analysts' calls range from price targets to ratings changes.
Nvidia is a top pick among analysts at RBC Capital Markets, with a price target of $340 per share. Goldman Sachs analysts, on the other hand, have a neutral rating for Nvidia, citing concerns about competition in the graphics processing unit (GPU) market.
SpaceX's valuation has been a topic of interest, with some analysts estimating it to be around $250 billion. However, others have raised concerns about the company's reliance on government contracts and its ability to scale up production.
Tesla is another company that has garnered significant attention from analysts. While some have praised the electric vehicle maker's innovation and growth prospects, others have expressed concerns about its high valuation and cash burn rate.