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

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