Citigroup Maintains Buy on NVIDIA, Lowers Price Target to $575
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik has maintained a 'Buy' rating on NVIDIA, but lowered the price target from $630 to $575.
October 18, 2023 | 11:56 am
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NEUTRAL IMPACT
Citigroup has maintained a 'Buy' rating on NVIDIA, but lowered the price target from $630 to $575.
The news is directly related to NVIDIA and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential downside, which could impact the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100