New Street Research Downgrades NVIDIA to Neutral
Portfolio Pulse from Benzinga Newsdesk
New Street Research analyst Pierre Ferragu has downgraded NVIDIA (NASDAQ:NVDA) from Buy to Neutral.
July 05, 2024 | 3:01 pm
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NEGATIVE IMPACT
New Street Research analyst Pierre Ferragu has downgraded NVIDIA from Buy to Neutral, which may affect investor sentiment and short-term stock performance.
The downgrade from Buy to Neutral by a reputable analyst can lead to a negative sentiment among investors, potentially causing a short-term decline in NVIDIA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100