Morgan Stanley raised the firm’s price target on Nvidia (NVDA) to $210 from $206 and keeps an Overweight rating on the shares. October quarter revenue guidance of $54B excluding China compares to the firm’s $52.5B ex-China view and buy side expectations of $54B-$55B including $3B-plus from China, notes the analyst, who says the bar “continues to be high but the growth acceleration is clear.”
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