DA Davidson analyst Gil Luria raised the firm’s price target on Nvidia (NVDA) to $250 from $210 and keeps a Buy rating on the shares, following the announcements made at Nvidia GTC. The company continues to demonstrate it is the leader in artificial intelligence compute while expanding across a number of industries and use-cases from quantum computing to telecommunications, the analyst tells investors in a research note. DA believes the market is currently discounting Nvidia’s upside to data center revenue through fiscal 2026.
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