Nvidia stock: why did Morgan Stanley raise its price target before earnings?

Core Viewpoint - Morgan Stanley has increased its price target for Nvidia from $210 to $220 ahead of the company's upcoming earnings report on November 19, indicating strong confidence in Nvidia's performance [1] Group 1 - Morgan Stanley has reaffirmed its bullish stance on Nvidia by raising the price target [1] - The new price target of $220 reflects a positive outlook for Nvidia just days before a significant earnings report [1]