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Nvidia shares rise to start July. Top analyst calls on chipmaker NVDA
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Nvidia shares rose this week, bouncing back after a volatile period . The chipmaker’s shares rose 3.84% ahead of the July 4 holiday. Despite some recent bumps in the road, they’re up more than 10% over the last month and 159% over the year to date as the hype around artificial intelligence shows little sign of cooling. The stock remains an analyst favorite, with 89% of analysts covering it giving it a buy or overweight rating, and the remaining 11% giving it a hold rating. Thursday’s mean analyst target price of $129.01 gives the stock around 0.6% upside potential. In case you missed it, here’s a round-up of all the top Nvidia analyst calls and more from CNBC Pro this week:
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