Nvidia’s Price Target Cut, Analysts Still Bullish on Buy Rating
Investment bank TD Cowen has lowered its price target for Nvidia (NVDA) stock to $140 from $175, but maintained a Buy rating. The chip maker is expected to benefit from strong technology and a positive long-term outlook. TD Cowen notes that Nvidia’s top line has been growing rapidly, and the upcoming launch of GB200-based NVL72 … Read more