Reported 1 day ago
UBS analyst Timothy Arcuri has maintained a Buy rating and a price target of $205 for NVIDIA Corporation (NASDAQ:NVDA), despite some guidance falling short of investor expectations. UBS noted potential upside of $2-5 billion per quarter, depending on future clarifications regarding shipping fees to China. While acknowledging current market challenges, the firm sees limited need for changes to their estimates and maintains confidence in NVIDIA's growth within the AI sector.
Source: YAHOO