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.