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    Home»Business»Tigress Financial Has Upgraded Nvidia’s Rating to ‘strong Buy’ and Raised Its Price Target to $220
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    Tigress Financial Has Upgraded Nvidia’s Rating to ‘strong Buy’ and Raised Its Price Target to $220

    DavidBy DavidJanuary 29, 2025Updated:January 29, 2025No Comments2 Mins Read
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    Tigress Financial has changed its rating for Nvidia (NVDA) to Strong Buy and increased its price target for the next year to $220. They believe Nvidia’s strong position in artificial intelligence will drive its revenue growth.

    Alert! GuruFocus has found 3 warning signs with NVDA.

    In a study for investors, analyst Ivan Feinseth said that Nvidia is a top company benefiting from the rising investments in artificial intelligence.

    BofA analyst Vivek Arya said today he thinks Nvidia $NVDA could generate roughly $100B in incremental free cash flow over 2024 and 2025

    Bank of America maintained its Buy rating and $700 price target for Nvidia pic.twitter.com/ag3gmowF95

    — Evan (@StockMKTNewz) January 5, 2024

    Nvidia’s stock price has more than tripled in the past year because many industries, including cloud computing, cars, and healthcare, are quickly adopting AI solutions. The company based in Santa Clara, California has historically dominated the market for graphics processing units, which are used more and more for machine learning tasks in data centers everywhere.

    Also Read: Nvidia Reveals Rtx 5000 Series at Ces 2025

    Feinseth noted that using artificial intelligence consistently will likely lead to benefits in both the short and long term, which will help Nvidia’s cash flow and profits for shareholders. On Monday, Tigress Financial reported a sudden market drop, which they connected to concerns about news regarding DeepSeek, a smaller competitor in the AI industry. Despite the setback, Tigress mentioned that the pullback would be a good starting point and that Nvidia will always support those interested in AI-driven growth ideas.

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