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Nvidia (NVDA) Strong Buy as Wolfe Lifts Price Target on Rack Systems Demand and Margin Strength

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The Story

News Summary

  • Despite a 1% share decline, Wolfe Research raised Nvidia's price target to $275, citing strong demand for rack-scale systems and sustained high margins, projecting data center revenue over $450 billion by 2027.
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NVDA price history

218.29 +19.87% over the displayed period

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