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Nvidia price target raised to $245 from $235 at Mizuho

Mizuho raised the firm’s price target on Nvidia (NVDA) to $245 from $235 and keeps an Outperform rating on the shares. The company reported “strong October quarter results and guided the January quarter above consensus, the analyst tells investors in a research note. Blackwell is sold out and the earnings price eases “AI-bubble worries,” the analyst tells investors in a research note. Mizuho upped estimates, saying Nvidia “remains the clear AI leader.”

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