JEFFERIES: Wall Street massively underestimated Nintendo's Switch (NTDOY)

Shares of Nintendo have been on roller coaster ride with the viral explosion of Pokemon Go, the revamping of Mario, and the release of its new console, the Nintendo Switch.
Nintendo has rallied 73% over the past year, but has been stuck in a trading range of between $25 and $36 since July. 
In a note sent out to clients on Wednesday, Jefferies analyst Atul Goyal reiterated his buy rating and $43 a share price target on the Japanese game maker. That represents a pote