All the market-moving Wall Street chatter from Tuesday

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All the market-moving Wall Street chatter from Tuesday

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, calling for 13% upside for the stock. Meanwhile, KeyBanc hiked its Nvidia target to $180, implying upside of 40%. Check out the latest calls and chatter below. All times ET. 5:44 a.m.: TD Cowen lifts

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price target ahead of second-quarter earnings announcement TD Cowen expects more gains ahead for

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. Analyst John Blackledge raised his price target for the stock to $775 from $725, while maintaining his buy rating on the stock. The new target points to 13% upside from Monday’s close. The increase comes ahead of

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’s second-quarter earnings report which is slated for next week. “We think

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’s broad catalog across multiple genres creates a durable advantage over time,” the analyst said, noting that TD Cowen’s second-quarter consumer survey showed

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as still taking to top spot for living room viewing. Besides the company’s second-quarter earnings and third-quarter

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, Blackledge also cited paid sharing initiatives and

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’s ad-supported tier as near-term catalysts. “Any further pricing increases in one of the company’s major markets could also act as a catalyst,” he added.

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has rallied 41% this year. NFLX YTD mountain NFLX year to date — Lisa Kailai Han 5:44 a.m.: KeyBanc hikes Nvidia price target The good times for Nvidia are not over yet, according to KeyBanc. Analyst John Vinh raised his price target on the semiconductor stock to $180 from $130. The new forecast implies upside of 40% from Monday’s close. “Positive takeaways for NVDA include: 1) despite the impending launch of Blackwell in 2H24, we are not seeing any signs of a demand pause as demand for H100 ******** robust, as we continue to see rush orders; and 2) the interest and demand in GB200 is greater than we initially had sized,” he said in a note to clients. Nvidia has been a market stalwart this year, with shares rallying 158.9% as enthusiasm around artificial intelligence shows no signs of easing. NVDA YTD mountain NVDA year to date KeyBanc isn’t the only firm getting more bullish on Nvidia. Wolfe Research and UBS recently increased their targets on Nvidia to $150 each. — Fred Imbert

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#marketmoving #Wall #Street #chatter #Tuesday

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