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Nvidia: UBS raises target after quarterly results

( - UBS reaffirms its 'buy' recommendation on Nvidia and raises its target price from $1150 to $1200, on the heels of a quarterly publication in which the AI chipmaker 'once again ticked all the boxes'.

Results and forecasts came in well above expectations", notes the broker, adding that "more than the figures, several other factors are pointing the debate in a positive direction", leading him to raise his estimates slightly.

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