Reported about 1 year ago
Nvidia's stock rose as KeyBanc analysts raised their price target for the company, citing strong demand for Nvidia's Blackwell platform. The analysts increased the price target to $180 from $130, predicting over 40% upside from Monday's closing price. This follows previous positive comments from UBS and Wolfe Research analysts. KeyBanc's John Vinh mentioned that demand for Blackwell exceeds expectations and is expected to drive data center revenues over $200 billion in 2025, indicating strong interest in Nvidia's upcoming technology.
Source: YAHOO