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A new Nvidia forecast has people wondering how much one stock can sway their savings.
Loop Capital just issued a bold new forecast: a $250 price target for Nvidia. According to TheStreet, that’s about 44% above Wall Street’s average estimate of $172.60. When a veteran analyst makes this kind of aggressive call on the world’s top AI chipmaker, it could shift how investors view the future of tech. Ananda Baruah, an analyst at Loop Capital, believes AI infrastructure spending by…
