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Melius Defending NVIDIA (NVDA), 'Raising Estimates Again - EPS Power of $5 Looking More Real'

June 21, 2024 6:26 AM EDT

Melius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Raising Estimates Again - EPS Power of $5 Looking More Real: Given the factors above, we are raising our estimates again especially for CY25/26. Although... More