Jefferies Increases NVIDIA Share Price Target Due to Surge in Blackwell GPU Sales
NVIDIA’s stock experienced a 5% decrease, but Jefferies remains optimistic, raising the price target to $150 from $135 with a Buy rating. They expect NVIDIA to capture a larger share of the AI market with Blackwell microarchitecture. Jefferies updated its estimates for NVIDIA’s GPU racks after an Asian tour, noting a 25% increase in supply … Read more