Nvidia stock rises after HSBC analyst upgrades to “Buy,” setting price target at $320, a 75% upside. Only one firm holds “Hold” rating, another “Sell.” Stock up 110% since April. Analyst cites OpenAI deal, Stargate initiative to boost GPU market. Data center revenue estimate raised for fiscal 2027. Earnings release could boost stock further. HSBC sees China restrictions as temporary, expects recovery to benefit Nvidia. Firm recommends investing in Nvidia for AI infrastructure dominance. Other Wall Street firms agree with bullish outlook on Nvidia.
Read more at Yahoo Finance: Can Nvidia Stock Hit $320 in 2025?
