Nvidia Stock Gets a 49% Price Target Boost Before Earnings. Why Analysts Are Bullish.

 Nvidia Stock Gets a 49% Price Target Boost Before Earnings. Why Analysts Are Bullish.

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Analysts are bullish on Nvidia heading into the company’s third-quarter earnings next week, with demand from data centers, artificial intelligence and gaming set to boost the stock.

Nvidia (ticker: NVDA) was rising Thursday, up 1.8% to $299.97. The shares have risen around 120% over the past year, with the company recently pushing past Warren Buffett’s Berkshire Hathaway (BRK.A and BRK.B) as the seventh most valuable American company by market capitalization. The stock closed at $294.59 on Wednesday.

Based…


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