Nvidia shares are up nearly 3% on the New York Stock Exchange, benefiting from a positive analysis by UBS. The stock gained nearly 7% over the week, following a gain of over 19% in one month (nearly 90% since January 1).

UBS confirms its Buy recommendation on the stock and raises its price target to $1100 (from $800), which represents a potential upside of 20%.

' We have reinforced our belief that 2025 will be a very strong year with strong growth. We are raising our estimates and price target to $1,100', says UBS.

For the 1st quarter of its 2025 financial year, Nvidia expects sales of $24 billion (within 2%).

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