Oppenheimeranalyst Rick Schafer maintainedNvidia Corp(NASDAQ:NVDA) with an Outperform rating and raised the price target from $150 to $175.

Rick Schafer of Oppenheimer has reiterated his bullish stance on Nvidia ahead of the company's third-quarter earnings report scheduled for November 20. Schafer anticipates substantial upside in Nvidia's October quarter results and January quarter guidance, driven by consistent demand from cloud service providers (CSPs) and enterprise clients for AI accelerators.

Also Read:Nvidia Powers Tesla's Humanoid Robots With New AI Tech: Here's What To Expect In 2025

Schafer has revised his estimates upward, citing robust traction for...