|Evercore ISI hikes Nvidia price target to $400, a Street high on chipmaker's A.I. leadership|
"NVDA continues to make a compelling case for long-term sustainable growth across all segments with a specific focus on large industry verticals including Gaming, HPC, Pro Visualization, Transport, Healthcare, and Autonomous Machines," analyst C.J. Muse said in a note to clients Friday. "Very importantly, we view Nvidia as being on the cusp of a tipping point in the company becoming the AI standard platform."