.August 26, 2024 06:09:00 PM

Morgan Stanley analysts reiterated their positive outlook on NVIDIA (NASDAQ:NVDA) with an Overweight rating and a $144 price target ahead of the company’s Q2 2025 earnings release on August 28. Despite challenges like China export controls and product delays, NVIDIA is still the top pick for the firm.

The analysts noted that despite these obstacles, NVIDIA’s momentum remains strong, and they anticipate increased visibility as new products are launched. They are optimistic about NVIDIA’s long-term growth prospects, even as market expectations increase.