Nvidia price target raised to $200 from $178 at Rosenblatt

Rosenblatt raised the firm’s price target on Nvidia (NVDA) to $200 from $178 and keeps a Buy rating on the shares. The company reported a “better than feared” quarter as demand for Blackwell offset much of the downside Rosenblatt had expected, the analyst tells investors in a research note. The firm now sees China as “de-risked” with potential upside coming from a downgraded version of Blackwell.