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RBC Capital on NVIDIA (NVDA): 'stock is already discounting a significant AI spending slowdown at current levels'

February 26, 2026 1:20 PM EST

RBC Capital analyst Srini Pajjuri reiterated an Outperform rating and $250.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We are surprised by the stock reaction post a solid 4QFY26 earnings report, which we attribute to broader AI spending... More