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A recovery in Nvidia's gaming business will rally the stock 25%, says Evercore

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A gamer plays a video game with the Graphic card GeForce during the 'Paris Games Week in Paris, France.
Chesnot  Getty Images

A recovery in Nvidia's gaming business will send the stock upward, according to Evercore ISI.

The firm reiterated its outperform rating on the name and raised its price target to $225 from $185, a nearly 25% upside for the stock.

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