Nvidia commentary suggests demand trajectory still intact, says Loop Capital

By Yahoo! Finance | Nov 22, 2024 at 07:49 AM EST

Loop Capital analyst Ananda Baruah maintains a Buy rating and $175 price target on Nvidia (NVDA) post Q3 results. Despite a potential slight pause ahead of Blackwell release in Q4, the company's revenue and earnings exceeded expectations, indicating strong demand trajectory.

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