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Nvidia: Jefferies raises TP

(CercleFinance.com) - Jefferies maintains its Buy rating on Nvidia shares, with a target price raised from $135 to $150 (NB pmt -2.
1%), to reflect the positive outlook observed during a trip to Asia.

NVDA remains dominant and influential, which could significantly affect the growth of Marvell Technology (MRVL) and Arteris (ALAB), the broker says.

On 26 June, analysts will be meeting with the management teams of four of the five AI companies (NVDA, AVGO (Broadcom Inc.), MRVL and ALAB) in their basket to obtain further information on their strategy and products in the AI ecosystem, they say.


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