Citigroup firmly bullish on NVIDIA, expecting gross margin to improve

Zhitong
2025.06.18 07:06
portai
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Citigroup analysts raised NVIDIA's target price from $150 to $180 and maintained a "Buy" rating. NVIDIA's first-quarter performance met expectations, with second-quarter revenue projected at $45 billion, exceeding Citigroup's expectations. The company's management confirmed a gross margin target of 75%. Wall Street analysts gave NVIDIA a "Strong Buy" rating, with an average target price of $173.19