Nvidia price target raised to $250 from $225 at Oppenheimer

Oppenheimer analyst Rick Schafer raised the firm’s price target on Nvidia to $250 from $225 and keeps an Outperform rating on the shares. The firm sees an in-line/better print and expects a Q1 outlook roughly in line with consensus, the analyst tells investors in a research note. Nvidia’s AI-led structural growth thesis intact. DC, high performance gaming, and auto present triple play for sustained growth, the firm contends.