Nvidia: UBS reassuring on stock
(CercleFinance.com) - In view of 'recent market concerns', UBS reiterates its 'buy' recommendation on Nvidia, as well as its price target of $185, a target that holds 34% upside potential for the stock of the designer of chips for artificial intelligence.
While acknowledging that Nvidia has largely stalled since its last quarterly publication, the broker likes the set-up at this stage and believes that investor concerns about a Blackwell 'air pocket' are overdone.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
While acknowledging that Nvidia has largely stalled since its last quarterly publication, the broker likes the set-up at this stage and believes that investor concerns about a Blackwell 'air pocket' are overdone.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.