BofA raised the firm’s price target on Nvidia (NVDA) to $275 from $235 and keeps a Buy rating on the shares. The firm says it hosted a “very positive” meeting with management following yesterday’s trade show. BofA now has increased confidence in Nvidia’s visibility through 2026. The company’s multi-year pipeline continues to drive leverage in new markets, the analyst tells investors in a research note. It finds the stock’s current valuation as “compelling.”
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