Shares of Nvidia (NASDAQ: NVDA) rose 2% on Monday following bullish analyst commentary. 

Piper Sandler analyst Harsh Kumar reiterated his overweight rating on Nvidia's stock. He now expects the semiconductor titan's share price to jump more than 12% to $260.

Nvidia's stock is a buy, according to analysts at Piper Sandler. Image source: Getty Images.

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Source Fool.com