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Nvidia price target raised to $300 from $260 at TD Cowen

TD Cowen raised the firm’s price target on Nvidia to $300 from $260 and keeps an Outperform rating on the shares. The analyst said we remain impressed at the company’s far and away leadership in accelerated computing, across both HW/SW, with strong presentation emphasis on Gen-AI, Grace Hopper, networking and Omniverse/IaaS opportunities amidst a slew of new enterprise customer partnerships.

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