Nvidia price target raised to $288 from $285 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Nvidia (NVDA) to $288 from $285 and keeps an Overweight rating on the shares following what the firm calls “a clean beat and raise on all metrics.” A significant Vera Rubin ramp ahead “should prove out their contention” that Nvidia hardware leads in AI factory economics, says the analyst, who calls Nvidia the “best value in semis.”

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