Investing.com -- NVIDIA shares received a boost on Monday after Citi raised its price target to $210 from $200, citing higher AI infrastructure spending forecasts and a stronger company roadmap. Citi wrote that “we lift our TP to $210 from $200 on consistent 30x P/E times revised CY26E ~$7 earnings power and view GTC Washington Oct 27-29 as a potential catalyst for the stock.” The firm reiterated a Buy rating. NVIDIA management addressed several investor concerns. The analysts also highlighted NVIDIA’s remarks on OpenAI’s $100 billion investment plan. Related articlesCiti lifts NVIDIA target on stronger AI spending outlook8 Warren Buffett-Backed Stocks to Navigate September VolatilityEUR/USD Could Rebound as Bond-Driven US Dollar Strength Looks Overdone