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Piper Sandler initiates Buy on Nvidia with $300 price target

Piper Sandler analyst David O’Connor initiated coverage of Nvidia with a Buy rating and a $300 price target. The note estimates Nvidia holds 80% of the AI-compute market and 50% of un…

NVDA

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06:31:24 PM UTC
SquawkNews
Piper Sandler is urging investors to buy Nvidia NASDAQ:NVDA, calling it the outright leader in AI compute and among the market's cheapest stocks.Analyst David O'Connor initiated coverage with a Buy rating and $300 price target. He estimates Nvidia controls 80% of the AI-compute market and 50% of un…

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