NVDA Stock Valuation ‘Significantly Depressed’, BofA Says – Wells Fargo Adds Nvidia Is ‘Playing A Much Bigger Game’
Wells Fargo said Nvidia is expanding beyond its traditional role as an AI chip supplier and playing a “much bigger game.” Bank of America reiterated a ‘Buy’ rating and $350 price target, while Wells Fargo maintained an ‘Overweight’ rating and $315 target. BofA said the new structure could shift the financing burden away from Nvidia’s … Read more