Raymond James raised the firm’s price target on Nvidia (NVDA) to $330 from $323 and keeps a Strong Buy rating on the shares. Nvidia reported stronger-than-expected Q1 results and Q2 guidance driven by inference-led growth and share gains, while also boosting shareholder returns through an $80B buyback authorization and a dividend increase from 1c to 25c per share, the analyst tells investors in a research note.
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