News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>CLSA Keeps NVIDIA at High-Conviction Outperform with TP of USD300
Even before recent geopolitical events, NVIDIA's (NVDA.US) stock price had already become less correlated with its earnings, CLSA said in a report. Over the past six months, ma...
Reset
Send
The window will close in 5 seconds
<Research>CLSA Keeps NVIDIA at High-Conviction Outperform with TP of USD300
Close
Recommend
5
Positive
4
Negative
4
 
 

Even before recent geopolitical events, NVIDIA's (NVDA.US)      stock price had already become less correlated with its earnings, CLSA said in a report. Over the past six months, market forecast for its FY27 and FY28 earnings were raised by 27-35%.

Despite ongoing debates about the cyclicality of AI infrastructure, the market remained wary about the capex of the company's hyperscale data centers and the reduction in venture capital funding.

Related NewsUS Feb Retail Sales YoY at 3.7%, Above Previous 3.2%
Nonetheless, the broker maintained a High-Conviction Outperform rating on NVIDIA, with a target price of USD300, remaining optimistic about its strong profitability and attractive valuation.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.