Citi: raises Nvidia price target to $150

Citi analyst Atif Malik maintained a "buy" rating on NVIDIA, raising his price target from $126 to $150, Gold Finance reported. Analysts pointed out that although the main cloud service providers accounted for about 40% of NVIDIA's data center business sales, but the enterprise artificial intelligence assistants (AI Agents) is the next wave of artificial intelligence, especially in the reasoning. In addition, analysts said NVIDIA plans to produce GB200 NVL72 and GB200 NVL36 server cabinets in 2025.