![]() As a case in point, Deutsche Bank ( ETR:DBK) analyst Ross Seymore raised NVIDIA’s stock price target today to $300 from $290 while retaining a ‘Hold’ rating for the stock. NVIDIA’s upcoming earnings announcement continues to spur analyst upgrades. ![]() Moreover, according to the BMO analyst, NVIDIA can “grow its datacenter business to at least a $20B annual run rate versus the $4.8B for this year.” Consequently, the analyst believes that the company can grow its EPS to a whopping $20 per share over the long-term. " uniquely positioned to continue to benefit from a massive shift in the compute landscape.” “While no one single event drives the change in thinking, the company's continued execution on the datacenter side, along with the latest product rollout, warrants a more positive stance on the shares.”
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