Evercore ISI raised the firm’s price target on Nvidia (NVDA) to $352 from $261 and keeps an Outperform rating on the shares. The company’s “impressive earnings and a robust growth outlook” align with expectations and demonstrate its continued dominance in the AI space, the analyst tells investors. The company modeling $493B in total 2025 and 2026 revenues is “potentially conservative given current trends,” the analyst added.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA: