Evercore ISI analyst C.J. Muse raised its price target on Nvidia(NASDAQ:NVDA) to $300 from $245, maintaining the stock’s outperform rating after the company reported better-than-expected results for the January quarter and better guidance for the April quarter. With data center revenue expected to accelerate throughout 2023, the analyst said the earnings report “should be welcomed” given pre-report concerns about slowing data center demand and the likelihood of falling total revenue guidance for the April quarter.