Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside
60-Word AI Digest
BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.
Key Takeaways
- BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside.
- The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.
- Full details and original dispatch available below.
BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.
Original Publisher Attribution
This summary was curated from Economic Times.