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Nvidia Beats, Stock Dumps—BofA Says Buy the Dip
Key takeaways
- Nvidia Beats, Stock Dumps—Bof A Says Buy the Dip Jose Antonio Lanz Fri, May 22, 2026 at 12:39 AM GMT+7 5 min read NVDA BAC Nvidia just delivered the biggest revenue quarter in its history.
- Lead analyst Vivek Arya and his team reiterated their buy rating yesterday, named Nvidia a top pick, and raised their price target from $320 to $350—implying 56.6% upside from the current price of $223.47.
- The investment note’s top line read: "Beat/raise speaks volumes, ignore noise, buy top pick."
Nvidia Beats, Stock Dumps—Bof A Says Buy the Dip Jose Antonio Lanz Fri, May 22, 2026 at 12:39 AM GMT+7 5 min read NVDA BAC Nvidia just delivered the biggest revenue quarter in its history. The stock fell anyway. That s become a pattern—the chipmaker has declined after three of its last four earnings calls, even as the numbers keep getting bigger.
Bank of America isn t fazed. Lead analyst Vivek Arya and his team reiterated their buy rating yesterday, named Nvidia a top pick, and raised their price target from $320 to $350—implying 56.6% upside from the current price of $223.47.
The investment note’s top line read: "Beat/raise speaks volumes, ignore noise, buy top pick."
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