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BNP Paribas has increased its price target for Nvidia (NVDA) to $345 from $285, maintaining an Outperform rating. The firm cited the chipmaker's potential to benefit from the growing demand for AI inference workloads.
NVIDIA (NVDA) is scheduled to report its Q3 earnings on November 18. BNP Paribas has raised its price target for the company to $345.