Nvidia Analyst Expects Stock To Collapse

Nvidia Analyst Expects Stock To Collapse Shutterstock / JRdes Nvidia’s (NASDAQ: NVDA) stock has sold off slightly lately. However, it is up year to date by 78%, and over the last year by 233% to $880. One Wall St. analyst expects it to drop to $620. Recently, Nvidia stock did stumble.Gil Luria, senior software analyst at D.A. Davidson, has a “hold” rating on the shares, which is considered the equivalent of a “sell” of many firms. He says the company has “pulled forward demand.” That means that customers ...