Reported about 2 months ago
UBS remains optimistic about Nvidia, maintaining a price target of $150 even after the stock's recent pullback from a high of $140 due to market sell-offs and possible delays of its Blackwell chip. They argue that strong demand for Nvidia's AI-driven products can sustain growth despite uncertainties. However, potential confirmation of delays during the upcoming earnings report could trigger a stock sell-off, suggesting investors might want to wait before jumping in.
Source: YAHOO