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Mizuho bumps up Nvidia stock forecast, says earnings this month will be the next big AI catalyst

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Summary
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87% Informative

Mizuho raised Nvidia 's price target to $ 132 , representing potential upside of 26% from Thursday 's close.

The bank said investors should ignore the noise related to potential delays of Nvidia 's next-generation Blackwell chip.

By 2027 , the bank expects Nvidia to generate nearly $200 billion in revenue, more than triple what it generated in 2024 .

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