Stifel expects good news to come from Nvidia's third-quarter earnings report, due out on Wednesday. Heading into the graphic processing unit manufacturer's third-quarter earnings, the investment firm reiterated its buy rating. Analyst Ruben Roy also raised his price target to $250 from $212, which signals 34% upside. NVDA YTD mountain NVDA YTD chart Ahead of Nvidia's earnings report, Roy increased his estimates for the stock. For the last quarter, the analyst expects a "moderate" beat, based on historical cadence. He also believes that the company will share "optimistic" guidance for its current quarter. "CEO Jensen Huang's recent keynote at GTC Washington D.C….outlined the company's ongoing positioning as the backbone of AI infrastructure underpinned by more than $500bn in cumulative orde

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