Nvidia’s Business ‘Very Close to the Bottom,’ Says Analyst

Piper Sandler believes Nvidia stock is about to make a comeback.

On Thursday, analyst Harsh Kumar reaffirmed his Overweight rating and $200 price target for

Nvidia

(ticker:

NVDA

) stock, citing the company’s progress in working down its oversupply problems at retailers.

Nvidia’s Business ‘Very Close to the Bottom,’ Says Analyst

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