Oppenheimer analyst Rick Schafer reiterated an Outperform rating and $1,100 price target on Nvidia ahead of the company’s upcoming Q1 earnings results. The firm said it sees a beat/raise quarter led by “insatiable CSP AI accelerator appetite.” Oppenheimer added that it sees flagship H100 GPU supply constraints continuing to ease, and the firm believes that significantly lower lead times now are allowing management to “better capture demand.”
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