$NVIDIA (NVDA.US)$ Despite the recent slide, NVDA is up 138%...

$NVIDIA(NVDA.US)$ Despite the recent slide, NVDA is up 138% year-to-date, making it one of the best-performing stocks of the tech-heavy Nasdaq 100 index. Further, analysts continue to sing the company's praises, suggesting the downside move is more about sector rotation and profit-taking versus anything fundamental.

Today, analysts at Jefferies raised their price target to $150 per share from $135 while reiterating a Buy rating. Analysts at the firm said, "NVDA remains both king and kingmaker" in the AI sector.