Truist Reaffirms Buy on NVIDIA (NVDA), Raises PT to $275 on AI Infrastructure Upside

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in the Spotlight for Investors. On December 19, Truist reiterated the stock at “Buy” and raised its price target to $275 per share from $255. The firm revised price targets in the semiconductor and artificial intelligence group after establishing 2027 projections. “In this construct, we favor Buy-rated AI infra companies NVDA, AMD, and AVGO, and derivatives MPWR, TTMI, APH, & MTSI.” While Truist acknowledges that there are challenges in finding po ...