Mizuho & Bank of America Bullish on Nvidia
Update: 2025-12-05
Description
Mizuho Securities maintains a buy rating for Nvidia, setting a price target of $850, indicating a potential 24% upside. This optimistic forecast is driven by Nvidias strong position in AI spending and robust growth in its data center business, particularly in GPU demand for AI applications. Bank of America also shares this bullish stance, setting a higher price target of $925. Nvidias shares have already surged by over 70% this year, reflecting investor confidence in its AI leadership and financial performance. As Nvidia prepares to release its earnings report on May 22, all eyes are on the company to meet these high expectations.
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