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The firm maintained an ‘Overweight’ rating and a $300 price target on Nvidia.
U.S. stocks climbed at midday Friday, with the Nasdaq 100 leading and reaching new record highs, after a much weaker-than-expected September jobs report pared bets on further Federal Reserve rate hikes.Chip stocks led the move as Nvidia Corp. NASDAQ:NVDA hit a record high at $237.88 per share.Nonfa…
Treasury yields came off long-term highs but still rose. Oil prices tumbled.