Tigress Financial raised the firm’s price target on Nvidia (NVDA) to $350 from $280 and keeps a Strong Buy rating on the shares, which the firm calls “the must-own core holding in the AI investment theme.” Nvidia is “the foundational infrastructure provider for the accelerating AI revolution,” with its GPUs, Networking, and full-stack software platforms now the de facto standard for training and inference across cloud, enterprise, and sovereign AI data centers, adds the analyst, who notes that the firm’s 12-month price target represents a potential return of over 100% from current levels.
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