1 min read
Add as a preferred source on Google

Arete’s $369 NVIDIA Share Target Excludes Binance Futures Contract

Arete raised its target from $283 on Oct. 16. Binance’s NVDAUSDT perpetual contract settles in USDT and trades 24/7.

Mentioned assets
Two separate market displays stand under overhead lighting / TokenPost.ai
Two separate market displays stand under overhead lighting / TokenPost.ai

Arete Research’s $369 target applies to NVIDIA (NVDA) shares, while Binance’s NVDAUSDT perpetual contract has its own trading price despite tracking the stock.

Arete raised the share target from $283 on Oct. 16. NVIDIA closed the regular U.S. session that day at $214.13 at 4 p.m. ET (20:00 UTC). The revised target was $154.87 above that close.

Binance’s contract settles in USDT and trades 24/7. Its price can continue changing after the regular U.S. share session ends. The last regular-session close remains a fixed reference for comparing Arete’s target with NVIDIA shares.

The $154.87 difference measures the gap between a share target and a share close. It does not measure a price change in NVDAUSDT or set a target for the contract.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…