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NVIDIA's strong earnings and buyback plan raise stock targets to $164.15, despite insider sales.
Multiple analysts have raised NVIDIA's stock price targets, with an average target of $164.15 and a "Moderate Buy" rating.
NVIDIA reported strong earnings for the quarter, with EPS of $0.81 and revenue of $35.08 billion, exceeding analyst estimates.
The company also announced a $50 billion share buyback program and a $0.01 per share quarterly dividend.
Insiders have sold a significant amount of stock recently.
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Las fuertes ganancias de NVIDIA y su plan de recompra elevan los objetivos de acciones a $164,15, a pesar de las ventas de información privilegiada.