NVIDIA Corporation shares closed up a modest 0.98% on Monday and hit a new high of $206.09 during intra-day trading. The gains came after an analyst at RBC Capital Markets raised his price target on the stock from $220 to $230 and reiterated an "outperform" rating. According to analyst, Mitch Steves, "Heading into the October-quarter earnings call, we remain positive on Nvidia. Specifically, we think data center growth will be at or above our expectations and gaming will see sustained positive trends partially helped by cryptocurrencies for the second quarter in a row." NVIDIA will be releasing its third quarter financial results on November 9th. It was also yesterday that NVIDIA rolled out SHIELD Experience 6.1 with assistant improvements, KRACK fix, YouTube TV support, and other features.
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