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Stifel is optimistic about Nvidia's upcoming earnings report, maintaining its "overweight" rating and raising its price target to $212, suggesting a potential 19% increase from Friday's closing price. Analyst Ruben Roy cites strong demand for Nvidia's GB300 platform and expects the company to exceed consensus estimates. He projects a massive total addressable market exceeding $100 billion by 2025, potentially reaching $1 trillion in the long term. Despite Nvidia's significant year-to-date growth (33%), Stifel believes the stock remains undervalued due to Nvidia's leading position in AI infrastructure.

Prepared by Christopher Adams and reviewed by editorial team.