Raymond James Raises NVIDIA Price Target to $352 From $330, Maintains Strong Buy Rating
Raymond James raised its price target for NVIDIA from $330 to $352, maintaining an "Outperform" rating. The firm believes that NVIDIA's CPU business is accelerating and could account for 5% of total revenue by 2028, potentially even becoming a global leader in CPU revenue. Raymond James noted that despite NVIDIA's expected growth exceeding 20%, its FY2027 P/E ratio remains below the S&P 500. Given NVIDIA's leadership in AI, competitive advantages, and strong cash generation capabilities, this discount is unwarranted.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Financial Times: Five Signals Warning of Approaching AI Bubble and US Debt Crisis
-
2
Societe Generale Bear Warns: AI Boom Replicating Asian Financial Crisis, Debt a "Ticking Time Bomb"
-
3
Yemen's deepening economic crisis sees soaring living costs, unpaid salaries
-
4
Wall Street's Rate Shock Spreads Beneath AI-Fueled Market Rally, Driven by High Oil Prices and Borrowing Costs
-
5
According to Bloomberg Markets: Large asset managers are deleveraging in the U.S. Treasury futures market, triggered by forced selling as cash yields approach multi-year highs.
-
6
Ethereum whales were liquidated for 28,716 ETH, worth nearly $70 million.
-
7
OpenAI's annualized revenue is projected to exceed $70 billion, easing concerns about AI returns; gold prices break above $4,200 as U.S. Treasury yields decline.
-
8
TypeSafe AI, the maker of the non-text AI model Jev, reached a valuation of $7.5 billion just weeks after its launch, with a16z leading an $870 million funding round.
-
9
China State Funds Double Down on Hua Hong with $2.9 Billion Injection to Boost Legacy Chip Production
-
10
The DXY recorded its longest winning streak since early 2025, rising nearly 3% this week.
Markets Today
Recommended Reading


