Shares of Nvidia (NVDA) are trending higher after Bank of America analysts boosted the chipmaker’s price target to $800 from $700 per share, while maintaining a Buy rating on the stock. The more bullish outlook comes ahead of Nvidia’s upcoming earnings report due out on February 21. Bank of America analysts expect the company to deliver results exceeding current expectations.

Yahoo Finance’s Julie Hyman and Jared Blikre break down the details of this trending ticker.

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Editor’s note: This article was written by Angel Smith