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Nvidia: UBS raises target price

(CercleFinance.com) - UBS reiterates its 'buy' recommendation on Nvidia shares, while raising its target price for them from $1100 to $1150 (cp: $878, pmt -0.
4%), with its new TP representing 31% upside potential for the stock of the US chipmaker and inventor of the GPU.

"In the wake of Nvidia's Blackwell launch, our supply chain work suggests the mix in C2025 may be much richer than we expected and we raise numbers again".


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