Major Bank Rating | KeyBanc: Raises NVIDIA target price to $300, maintains "Overweight" rating
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Glonghui, May 20|KeyBanc has raised Nvidia’s target price from $275 to $300 and maintained an "Overweight" rating. Analyst John Vinh estimates that this earnings report and guidance will mainly benefit from rising demand for Blackwell Ultra GPUs and the launch of next-generation Rubin GPUs. Nvidia GPUs continue to hold an overwhelming advantage in high-performance computing markets such as AI model training, and demand momentum remains strong.
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