Goldman Sachs hikes Nvidia price target on strong future

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Goldman Sachs analyst Toshiya Hari raised the firm's price target on chip-making giant Nvidia (NVDA) from $625 to $800 per share. Hari cites optimism for the company's growth potential based on significant increase in the forecasted non-GAAP (Generally Accepted Accounting Principles) earnings per share. Yahoo Finance Reporter Madison Mills joins the Live show to break down the latest development for the company and what it could mean for the stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
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