Analysts update Nvidia stock price target after earnings

Following Nvidia‘s blockbuster Q1 earnings, Wall Street analysts across the board are adjusting their price targets and outlooks for the AI chip giant. While some raised their targets modestly, others issued strong upward revisions, citing booming demand for Blackwell GPUs, rapid ramp-up in hyperscaler spending, and improving margins.Bank of America reiterated its Buy rating, bumping its price target from $160 to $180. Analysts were encouraged by Nvidia’s derisking in China, a sharp ramp-up in Blackwell rac ...