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<Research>G Sachs Hikes NVIDIA (NVDA.US) TP to US$240, Expects 3FQ Results to Beat
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Goldman Sachs research report covered NVIDIA (NVDA.US), of which 3FQ results ending in late October were projected to topple expectations, with stock price reactions contingent on the level of upside to guidance. The earnings call was expected to focus on four key areas, including supplementary details on the anticipated US$500 billion data center revenue; OpenAI's deployment in 2026; Rubin's mass production progress in 2026; and the potential resumption of business in China. The broker reiterated Buy on Nvidia, raised the average revenue and non-GAAP EPS estimates for FY2026-28 by 12% on average, and increased the target price to US$240. AASTOCKS Financial News Website: www.aastocks.com |
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