Nvidia stock price edges up after Jefferies target hike as China chip rules stay in play
New York, Jan 16, 2026, 16:02 EST — After-hours
- Nvidia shares ended up about 0.2% at $187.45, tracking a broad lift in chip stocks into the weekend.
- Jefferies raised its Nvidia price target to $275; RBC started coverage at Outperform with a $240 target.
- Traders are also watching how U.S. and China restrictions shape shipments of Nvidia’s H200 AI chips.
Nvidia shares finished slightly higher on Friday after Jefferies lifted its price target on the AI chip leader, with Wall Street still trying to map out what U.S.-China rules could mean for high-end chip sales in 2026.
The muted move still matters. Nvidia is one of the market’s biggest bellwethers for artificial intelligence spending, and small shifts in…
