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<Research>CICC Raises NVIDIA TP to USD240.6; Both Results, Guidance Beat
Recommend 2 Positive 8 Negative 0 |
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CICC released a report on NVIDIA (NVDA.US), of which 4QFY26 results and 1Q guidance beat both the broker's and market's expectations. CICC believed the main reason behind this is the strong shipment of cabinet products following the surge in inference demand driven by agents. The broker kept an Outperform rating on NVIDIA, raising the target price by 6% to USD240.6, citing the trend of expanding computing power is clear. AASTOCKS Financial News Website: www.aastocks.com |
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