1 Wall Street Analyst Thinks Nvidia Stock Is Going to $190. Is It a Buy?
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A Wall Street analyst from KeyBanc, John Vinh, has raised Nvidia's stock price target from $180 to $190, suggesting a potential upside of over 40%. Despite a flat performance since November, Vinh believes Nvidia will exceed expectations in its upcoming fiscal Q4 results, forecasting $38.2 billion in sales. Concerns over AI infrastructure spending due to competition from a Chinese start-up have created a buying opportunity. If Nvidia continues its revenue growth, it may validate Vinh's optimistic outlook.
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