KeyBanc Reaffirms Buy on Nvidia Ahead of Earnings, Citing Strong AI Demand
NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street’s Radar. On October 6, KeyBanc reiterated its Overweight rating on the stock with a $250.00 price target. The rating affirmation comes ahead of Nvidia’s upcoming earnings report on November 19. The firm believes that robust near-term hyperscaler demand and continued ramp of GB200/300 products will play out in favor of the stock, resulting in stronger results and guidance. KeyBanc anticipates rack shipments rising and China ...