Nvidia Analysts Maintain Optimism Despite Modest Outlook

Reported about 7 hours ago

Analysts remain bullish on Nvidia Corp. (NVDA), raising their price targets following the company's underwhelming revenue forecast. At least ten firms increased their 12-month targets, averaging $202.60, as they express confidence in Nvidia's long-term prospects and potential growth in its Blackwell AI chips. Despite concerns about sales falling short of some expectations, Wall Street maintains a strong buy sentiment towards Nvidia stock, with 72 buy-equivalent ratings.

Source: YAHOO

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