BofA Names Nvidia Top Sector Pick With $350 Price Target Ahead of Q2 Earnings

3-line summary

• Bank of America analyst Vivek Arya named Nvidia his top sector pick ahead of its August 26 fiscal Q2 FY2027 earnings, setting a $350 price target, according to a Yahoo Finance report citing a note shared with TheStreet on August 7.
• Arya forecasts Q2 revenue of $94-95 billion, above Nvidia's own $91 billion guidance, and third-quarter guidance of $107-108 billion versus a roughly $104 billion Wall Street consensus, citing the start of an extended Vera Rubin chip upgrade cycle.

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