NVIDIA (NVDA) PT Raised to $250 at BofA/Merrill Lynch; New 'Street High'

BofA/Merrill Lynch analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $250.00 (from $225.00) while maintaining a Buy rating. The new price target is a 'Street High'.

• Natural Language Processing next big step for AI.
• "NVDA’s data center growth is on the cusp of benefitting from the next-big AI landmark – the ability to accurately listen, understand, speak and contextualize human speech, referred to as natural language processing (NLP)/conversational AI. "
• maintains Top Pick.

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