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via finance.yahoo.comBusiness & Companies

Analyst downgrades Nvidia to Hold with $188 target ahead of earnings

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. GF Securities analyst Jeff Pu downgrades Nvidia (NASDAQ:NVDA) to Hold, a neutral rating, from Buy and lowered his price target to $188 from $235, citing uncertainty after Jensen Huang's departure as CEO. Pu said Huang's leadership is…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA downgrade of a mega-cap ahead of earnings can weigh on the stock and the AI sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01GF Securities downgraded Nvidia to Hold from Buy.
  2. 02The price target was lowered to $188 from $235.
  3. 03The analyst cites uncertainty after Jensen Huang's departure as CEO.
  4. 04Nvidia is expected to report results on November 17.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock162.05 USD-0.30%today -2.49%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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