NVDA price target raised to 'Street High' $200 at Rosenblatt
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Broadcom and Nvidia remain top picks at Bernstein
June 18, 2024 8:13 AM EDTBernstein analysts remain bullish on the semiconductor industry, projecting a return to growth in 2024 driven by memory recovery, improved PC and smartphone markets, and excitement surrounding Artificial Intelligence (AI).
"Our top picks remain AVGO and NVDA," says the Bernstein note. While acknowledging cyclical weakness in Broadcom's core business, Bernstein... More
