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Nvidia price target raised to $250 from $240 at RBC Capital

RBC Capital raised the firm’s price target on Nvidia (NVDA) to $250 from $240 and keeps an Outperform rating on the shares. The company’s results and outlook handily beat expectations while its visibility is now extending into 2027, the analyst tells investors in a research note. Nvidia’s Rubin ramps are on track, and gross margins are holding up despite inflated Memory prices, RBC added.

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