Tigress Financial Partners raised its price target on NVIDIA Corp. to $425 from $360.
The firm also reiterated its "Strong Buy" rating. This new target represents significant upside from recent trading levels.
Nvidia's central role in artificial intelligence growth drives this outlook. Enterprise and cloud computing clients are surging capital expenditures to build "AI factories."
Tigress positions Nvidia as the key infrastructure provider for this multi-trillion-dollar market. This positioning enables Nvidia to capture a substantial share of AI spending and drive revenue growth.