NVIDIA (NVDA) PT Raised to $300 at RBC Capital
RBC Capital raised its price target on NVIDIA (NASDAQ: NVDA) to $300.00 (from $285.00) while maintaining an Outperform rating.
Analsyt Mitch Steves comments, "This quarter's print represents yet another material beat and raise as the company has now exceeded expectations for the prior 12 quarters (3 years running at this point). Importantly, this quarter was notably higher than the past with results coming in ~10% ahead of guidance ($3.2B vs. expectation of $2.9B at the mid-point)."