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Nvidia Stock Gets a Price-Target Cut. What's Worrying Analysts.

1. Nvidia's stock fell 2.7% on Friday, down 8% over the past month. 2. Citi's analyst cut Nvidia's price target from $210 to $200, maintaining a Buy rating. 3. Broadcom expects to reduce Nvidia's market share, risking $12 billion in sales loss. 4. Robust AI spending could benefit Nvidia despite recent challenges and price target cuts. 5. Meta's CEO suggests significant future investments in AI, boosting industry optimism.

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FAQ

Why Bearish?

The lowered price target and potential market share loss are concerning. Historically, analysts' downgrades often lead to negative stock movements for NVDA.

How important is it?

Although there are positive AI spending outlooks, the immediate market environment is heavily influenced by competitor dynamics and analyst outlooks.

Why Short Term?

Immediate price pressures are evident, though long-term AI trends remain positive. Short-term fluctuations due to price target adjustments are typical in tech stocks.

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