Nvidia price target raised to $285 from $250 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Nvidia (NVDA) to $285 from $250 and keeps a Buy rating on the shares. Nvidia is expected to trade modestly higher after a strong quarter and above-Street guidance, with further upside potential driven by rising hyperscaler capital expenditure expectations — supported by improving AI unit economics from significant token cost reductions — and increased confidence following expanded capital return commitments, including a larger buyback authorization and higher dividend, the analyst tells investors in a research note.

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