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Nvidia Poised for Beat-and-Raise as Stifel Reaffirms $282 Target Ahead of Earnings

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The Story

News Summary

  • Stifel reiterated a Buy rating and $282 price target on Nvidia ahead of fiscal Q2 earnings, anticipating a beat-and-raise quarter.
  • Robust AI infrastructure demand across cloud providers and supply chain partners supports strong multi-year momentum, although investors remain focused on gross margins and forward guidance.
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NVDA price history

210.96 +18.92% over the displayed period

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