Citi Cuts Nvidia Price Target to $150 on Capex Concerns, Maintains Buy Rating

Citi Cuts Nvidia Price Target to 0 on Capex Concerns, Maintains Buy Rating

Citi analyst Atif Malik reduced his price target on Nvidia (NVDA, Financials) to $150 from $163, citing concerns over reduced capital expenditures by major cloud customers and broader uncertainty in enterprise spending.

In a note to…

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https://finance.yahoo.com/news/citi-cuts-nvidia-price-target-171851585.html