BofA reiterates a Buy rating and $200 price target on Nvidia (NVDA), telling investors that shares are trading “at a very compelling price” ahead of the company’s flagship GPU Tech Conference next week. The pipeline will be a focus and the firm expects Nvidia to present “attractive albeit well-expected updates” on Blackwell Ultra, Rubin, next-gen networking for scale-up improvement and long-term opportunities in autonomous cars, physical AI, robotics and quantum, the analyst tells investors in a preview.
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