UBS has increased Nvidia's price target from $150 to $185, indicating a higher level of confidence in the company's potential for growth.
This adjustment reflects the ongoing developments in the semiconductor industry, where Nvidia continues to play a significant role. UBS's revision underscores their positive outlook on Nvidia's performance, which is driven by strong demand for its products and services.
It will be interesting to see how this new target affects market sentiment and trading activity in the coming days.