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TD Cowen Raises Nvidia Price Target Ahead of Q2 Earnings, Cites AI Leadership
TD Cowen Raises Nvidia Price Target Ahead of Q2 Earnings, Cites AI Leadership
23
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BTCCSquare news:
TD Cowen analyst Joshua Buchalter reiterated a 'Buy' rating on Nvidia (NVDA) ahead of its fiscal Q2 2026 results, raising the price target from $175 to $235—a 33.8% upside potential. Buchalter, ranked #1,690 among TipRanks analysts, argues Nvidia remains the 'best and cleanest way to play artificial intelligence' despite China export restrictions and H20 chip uncertainties.
The firm highlights Nvidia's strong fundamentals and smooth transition from Blackwell to Blackwell Ultra GPU architectures as key drivers. While bullish on NVDA, TD Cowen maintains a neutral stance on peers Broadcom, Marvell Technology, and Credo Technology.
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