Morgan Stanley maintains NVIDIA's $288 price target, corresponding to approximately 42% potential upside

Odaily reported that according to market sources, Morgan Stanley maintains its overweight rating on NVIDIA, a $288 price target, and its top pick status in the semiconductor industry. Based on the closing price of $202.78 on July 9 as referenced in the report, the price target implies approximately 42% potential upside. This valuation is roughly in line with the broader market and lower than that of computing chip peers such as AMD, Broadcom, and Intel.