NVIDA OUTPERFORMS THE MARKET
UBS raised its Nvidia target price to $150 from the original $120 to $150 on the basis that demand momentum for Blackwell cabinet systems has been very strong. Fiat's share price rose 1.88% to close at $128.20 on the first trading day of the week. Another research firm, Wolfe Research, also raised its Fiida target price from $125 to $150. Analyst Chris Caso said, “We now expect an improvement in the outlook, with growth expected to grow by 50% year-on-year in 2025, driven by a shift from the market to Blackwell”; “We continue to see Fifi as one of the best benchmarks for the semiconductor sector.” Wolfe Research rates Fiat stocks as superior to the majors.
Based on Fiat's closing price on Monday, the $150 target price represents still room for 17% upside.
Based on Fiat's closing price on Monday, the $150 target price represents still room for 17% upside.
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