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Many analysts have yet to update their Nvidia Corp. price targets to account for the stock’s strong rally over the past month, but Rosenblatt Securities analyst Hans Mosesmann just did so in a bold way.
He lifted his price target on Nvidia’s stock to $200 from $140, with the new target implying more than 50% upside from Monday’s close of $130.98. Nvidia shares are rising fractionally in Tuesday’s premarket action.
