Nvidia Analyst Sees 42% Upside To Stock With 2nd Price Target Boost This Week After Stellar Q2

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Nvidia Corp.’s (NASDAQ:NVDA) stock received a price target boost, potentially the first of many to follow, after the company exceeded the most optimistic of Wall Street forecasts for the second quarter. The Nvidia Analyst: KeyBanc Capital Markets analyst John Vinh maintained an Overweight rating on Nvidia shares and raised the price target from $620 to $670, suggesting over 42% upside from current levels. The price target hike represented a back-to-back revision as the firm earlier this week increased the price target from $550 to $620. The Nvidia Thesis: Nvidia’s Data Center revenues jumped o…

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