UBS Sticks to Buy Rating for NVIDIA with $280 Target Price

UBS analyst Timothy Arcuri has maintained his buy rating for NVIDIA (NVDA.US) and stuck to his target price of $280. According to TipRanks, an independent third-party analytics platform, Arcuri's past performance is impressive, with a success rate of 79.5% and a total average return of 55.2% over the past year.

Arcuri's rating is based on his analysis of NVIDIA's stock performance, which suggests that the company will continue to grow in value. TipRanks uses virtual portfolios to evaluate analyst performance, and Arcuri's success rate is among the highest in the industry.

NVIDIA (NVDA.US) has been a hot topic in the tech world lately, with many investors eager to get in on the ground floor of this rapidly growing company. With Arcuri's buy rating and $280 target price, it's clear that NVIDIA is still a top pick among analysts.