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On May 22, 2023, Keybanc maintained an Overweight rating for NVIDIA (NASDAQ:NVDA), despite an average one-year price target of $294.65, indicating a potential 5.75% downside from the latest closing price of $312.64. The price target estimates range between $191.90 and $413.70.
NVIDIA projected annual revenue is $30,001MM, reflecting an 11.22% increase. The firm declared a quarterly dividend of $0.04 per share, with a 0.05% dividend yield based on the current share price. Institutional ownership has increased, with 4,848 funds reporting positions, an 8.12% rise from the previous quarter.
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