Major investment firm initiates coverage on Nvidia stock

Amid a recent lackluster performance of Nvidia (NASDAQ: NVDA) stock following its earlier stellar advances, financial services and investment banking giant William Blair has initiated its coverage on NVDA shares, with expert Sébastien Naji sharing his reasoning.Specifically, William Blair’s analyst expressed optimistic sentiment regarding Nvidia’s future, initiating coverage on NVDA stock with an ‘outperform’ rating, as he took into account its previous performance in terms of demand for its products and it ...