Nvidia stock falls as Citi trims price target ahead of earnings
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) shares fell about 3% in Tuesday morning trading after Citi lowered its price target on the chipmaker, citing several issues investors are likely to focus on. Analyst Atif Malik kept a Buy rating but cut his target to…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA price-target cut from a major bank can weigh on the stock ahead of results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nvidia shares fell about 3% in morning trading.
- 02Citi kept a Buy rating but cut its target to $285 from $315.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets