Nvidia Stock Remains Attractive with $180 Price Target Ahead of August Earnings #shorts #nvidia

Federal Reserve chair Jerome Powell announced that it's time for policy adjustments leading to a positive reaction from the markets major indices including the S&P 500 NASDAQ Composite and DOW Jones all Rose over 1% last week with the S&P 500 nearing a record high however the Market's rebound will face a challenge this week with nvidia's highly anticipated earnings report on Wednesday nvidia's stock has surged roughly 160% year-to date as it approaches its earnings report KeyBank analyst John Vin noted that lower expectations for Blackwell chip shipments in the third fiscal quarter have been offset by increased bookings for Hopper gpus we expect Nvidia to deliver beat and raise results driven by strong demand for Hopper gpus Vin stated as one of the best positioned semiconductor companies with exposure to one of the strongest AI product Cycles We Believe Nvidia is still attractively valued at its current levels Vin said Vin expects Nvidia to deliver strong results and still considers the stock attractive even after a recent 30% rally he has set a price target of $180 for NVIDIA