Nvidia: Jefferies raises target price

(CercleFinance.com) - On Thursday Jefferies analysts said that they have boosted their target price for the share of  graphics processing unit designer Nvidia from 415 dollars to 570 dollars (current price: 485.
5 dollars).

Alongside this TP hike, the broker confirms its "Buy" rating on the share.

"JulQ EPS beat by 11%, OctQ EPS outlook is 17% above consensus, and data center eclipsed gaming for the first time," the broker said.


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