07/22/2021, Nvidia shares rose nearly 1% on Thursday, extending gains from Wednesday, after Citigroup analyst Atif Malik raised his

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Nvidia shares rose nearly 1% on Thursday, extending gains from Wednesday, after Citigroup analyst Atif Malik raised his price target on the stock following a 4-for-1 split. Malik raised his one-year price target on Nvidia to $223 from $180 and maintained his buy rating on the stock following the 4-to-1 split that took effect this week, despite what he sees as recovering demand for Nvidia's chips and graphics cards.

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