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Nvidia price target raised to $320 from $275 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the firm’s price target on Nvidia to $320 from $275 and keeps an Overweight rating on the shares. The firm notes Nvidia’s CEO, Jensen Huang, delivered a GTC keynote packed with product intros, reinforcing Wells’ thesis on Nvidia’s expanding platform/vertical application breadth.

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