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NVIDIA (NVDA) PT Raised to $1,350 at HSBC, 'NVL36/NVL72 server rack pricing power major driver in 2025'

May 10, 2024 10:36 AM EDT

HSBC analyst Frank Lee raised the price target on NVIDIA (NASDAQ: NVDA) to $1,350.00 (from $1,050.00) while maintaining a Buy rating.

The analyst comments "Nvidias NVL36/NVL72 server rack pricing power major driver in 2025: We believe Nvidia will continue to demonstrate its strong pricing power via its NVL36/NVL72 server rack... More