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HSBC upgrades Nvidia, leaving few cautious analysts left on AI leader
HSBC sees upside of 78% ahead for AI poster child Nvidia.
14 words~1 min read
HSBC sees upside of 78% ahead for AI poster child Nvidia.
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Analysts across Wall Street reiterated their bullish stances on Nvidia heading into the chipmaker's flagship conference next week.

Wall Street has had a lackluster response to Nvidia's latest earnings report. Yet the overall strength of the results bodes well…

Analyst Wamsi Mohan upgraded the Nvidia supplier to buy from neutral.

Goldman Sachs spotlighted a slew of artificial intelligence-related beneficiaries that it believes the market is not yet fully…

"We believe near-term AI fundamentals are strong, driven by strong hyperscale capex spending," said one analyst.

Analyst Frank Lee upgraded the chipmaker to buy from hold with a revised price target of $200.