Rosenblatt analyst Kevin Cassidy raised the firm’s price target on Nvidia (NVDA) to $325 from $300 and keeps a Buy rating on the shares following management’s meeting with financial analysts. Rosenblatt updated Nvidia’s model to reflect its guidance for $1 trillion in Blackwell and Rubin revenue from 2025 through 2027. The firm included an additional $25B for Groq language processing unit, Vera standalone and Rubin Ultra revenue in the second half of fiscal 2028. The analyst is “convinced” that as the AI market accelerates growth with inference stage applications, Nvidia-based platforms will continue to lead the industry.
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