Nvidia gets price target upgrades ahead of August 27 earnings call

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Goldman Sachs raised its price target on Nvidia to $200 per share, up from $185, in a Thursday note ahead of the company’s fiscal second-quarter earnings. The forecast came with a buy rating and points to an estimated 11% upside based on where NVDA closed the day before. Analyst James Schneider said expectations from investors were already “high,” but he still thinks Nvidia can deliver a “clean beat-and-raise quarter.” He emphasized that Nvidia’s guidance will be the real focus and that any upda...