Sunday, April 21, 2024
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Friday’s analyst calls: Nike gets a downgrade, Nvidia price target increase

**Highlights of the Article:**

1. Nvidia’s price target was increased by UBS to $1,100, implying a 20% upside from the previous close, showcasing the analysts’ confidence in the company’s potential.

2. Goldman Sachs expressed optimism in Arista Networks’ earnings potential, with analyst Michael Ng stating that the company could outperform the Street’s predictions due to favorable factors in the AI networking business.


Editorial content by Harper Eastwood

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