Citi raised the firm’s price target on Nvidia (NVDA) to $300 from $270 and keeps a Buy rating on the shares. The stock is mostly flat post earnings despite Nvidia guiding to an April quarter $5B beat and reaching $78B in sales on exponential agentic AI demand, the analyst tells investors in a research note. Citi thinks Nvidia’s GPU Technology Conference in mid-March will be positive for the shares. In addition, visibility into the company’s 2027 sales could be another share catalyst, contends the firm.
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