The following are the latest ratings and target prices for US stocks from various brokerage firms:
CITIC Securities Maintain Nvidia (NVDA.O) Buy rating, target price $242:
The company has entered into a non-exclusive technology licensing agreement with Groq, strengthening its position in the AI inference field. The low latency and easy deployment characteristics of LPUs are expected to enhance the NVIDIA ecosystem and help it cope with ASIC competition. As LLM computing power demand shifts to the inference end, commercial GPUs will continue to have an advantage. We are optimistic about the company's global leadership in AI computing power and its long-term investment value.
(Article source: CLS)
