Morgan Stanley hiked its price target on Nvidia to $144, implying upside of 16.5%. It also lifted its 12-month price target to $167 from $143, corresponding to 22% upside. Analyst Krisztina Katai stood by her buy rating for the retail giant but upped her price target to $77 from $71. Analyst James Schneider assigned the stock a 12-month price target of $50, which corresponds to a 21% increase from its Friday closing price. — Lisa Kailai Han 5:47 a.m.: Morgan Stanley hikes its Nvidia price target Nvidia should continue rising as its next generation of chips arrives, according to Morgan Stanley.

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Persons: Morgan Stanley, Goldman Sachs, Alexander Blostein, Blostein, Lisa Kailai Han, Krisztina Katai, Katai, — Lisa Kailai Han, James Schneider, Schneider, Moore, Joseph Moore, Blackwell, Hopper, Nvidia's, BIRK, ramping, Jay Sole, Fred Imbert Organizations: CNBC, Nvidia, UBS, Exchange, Intercontinental Exchange, Nat Gas, ICE's Energy, Nat, ICE, Deutsche Bank, Walmart Deutsche Bank, Walmart, Verizon, Birkenstock Locations: Friday's, Asia