Nvidia stock jumps on Wall Street praise, bolstering the Club case in the chipmaker

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

Wall Street analysts on Thursday widely cheered Club holding Nvidia‘s (NVDA) fiscal year 2023 fourth-quarter results, prompting an avalanche of price-target increases and a new buy rating from once-skeptical Goldman Sachs.