Nvidia (NVDA) Memo Calms Investors as Bernstein Reaffirms Outperform

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI stocks analysts are betting on. On November 26, Bernstein reaffirmed its Outperform rating on Nvidia and kept its price target at $275, responding to the company’s weekend memo aimed at addressing several bearish concerns. Nvidia’s note tackled questions about receivables, working capital, depreciation, and the nature of its revenue flows—topics that had been weighing on sentiment in recent weeks. Nvidia (NVDA) Memo Calms Investors as Bernstein Reaffirms O ...