UBS Raises Price Target on NVIDIA Ahead of Strong Revenue Forecast
UBS raised its price target for NVIDIA (NASDAQ:NVDA) to $275 from $245, maintaining a Buy rating due to strong revenue forecasts. The firm expects Q1 revenue around $81 billion and highlighted high demand for Blackwell chips despite potential production delays.
Tickers: $NVDA
Topics: AI computing NVIDIA stock analysis UBS