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Nvidia price target raised to $180 from $160 at BofA

BofA raised the firm’s price target on Nvidia (NVDA) to $180 from $160 and keeps a Buy rating on the shares. With China derisked and Blackwell racks in full production, the firm reiterates Buy on top pick Nvidia and is raising its FY26, FY27 and FY28 pro-forma EPS estimates by 6%, 2% and 12% to $4.21, $5.87 and $7.23, respectively.

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