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NVIDIA target raised at Wolfe Research on positive supply chain checks
July 8, 2024 12:43 PM EDTWolfe Research raised their price target for NVIDIA (NASDAQ: NVDA) to $150 from $125 per share in a note Monday, citing positive supply chain checks indicating strong growth for the company in calendar year 2025 (CY25).
"Recent supply chain checks show a path to 50%+ content growth for NVDA GPUs in CY25," stated the Wolfe Research note. They attribute this growth to a transition to... More
