Jefferies raised the firm’s price target on Nvidia (NVDA) to $250 from $240 and keeps a Buy rating on the shares. Nvidia “answered the bell” with GB300 shipments driving healthy upside to estimates, says the analyst, who thinks the company’s results and commentary “should help steady the ship for the AI trade into the end of the year.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Dan Ives Says This Is the ‘1996 Moment’ for Technology After Nvidia’s (NVDA) Earnings
- Nvidia’s Earnings Jolt Sends CoreWeave, AMD, and Super Micro Stocks Surging
- Nvidia price target raised to $275 from $225 at Baird
- Nvidia price target raised to $250 from $220 at Benchmark
- Hoth Therapeutics accepted into Nvidia Connect Program