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UBS raises price target on Nvidia ahead of earnings, says tailwinds ‘remain strong’

UBS raises price target on Nvidia ahead of earnings, says tailwinds ‘remain strong’

UBS is growing more bullish on Nvidia ahead of the company’s second-quarter earnings results due out next week. On Thursday, the firm reiterated its buy rating on the artificial intelligence chip darling and raised its price target to $205 from $175. That implies nearly 17% upside from Wednesday’s close. “We see overall demand signals as…

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