Morgan Stanley Says Nvidia's Challenge Is Funding Gap, Not Fundamentals; Sets $288 Target

NVDA-3.53%
According to Morgan Stanley's July 13 roadshow report, Nvidia's primary challenge is not fundamentals but market capitalization limiting incremental fund inflows. The company delivered 95% quarterly growth with management expecting acceleration, while next-year free cash flow yield is projected above 5%, with over half potentially returned to shareholders. Morgan Stanley maintains an overweight rating on Nvidia with a $288 price target.
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