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Nvidia Soars as BofA Sees Price Target Hike

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NVDA
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Nvidia's stock has cleared its multi-week range and is being viewed favorably by Bank of America's global research team.

The firm sees a path towards $260-$263 for the semiconductor leader, which currently trades around $217. This represents a gain of 14.6% year to date.

Bank of America views Nvidia as a strong performer amid strengthening technical momentum.

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