DA Davidson Keeps ‘Buy’ Rating on Nvidia

DA Davidson analyst Gil Luria reiterated a Buy rating and $250 price target on NVIDIA.

“Ahead of NVIDIA’s 3Q26 earnings this upcoming Wednesday, November 19, we are previewing what we believe will be yet another quarter of results that will highlight the overwhelming demand for AI compute that we expect to continue far into the foreseeable future.

NVIDIA remains incredibly well positioned to benefit in this compute environment despite rapidly growing competition, and while competitors may take some market share over time, we believe the market is growing fast enough that it is of no real detriment to NVIDIA.

Thus we reiterate our BUY rating and $250 price target.”

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